North America

Nuveen names new global head of real estate

Current property boss and long-time executive Chris McGibbon will retire after nearly 24 years with the company.

Tishman Speyer: Rockefeller Center refinancing leads the way

Randall Rothschild sees recent landmark deals underscoring investor confidence in iconic, top-tier office assets.

CDPQ’s Rana Ghorayeb talks balancing risk and reward

Caisse de dépôt et placement du Québec’s head of real estate sees balancing the needs of the pension’s stakeholders and partners as key to finding the right formula for its C$77bn real estate portfolio.

C-PACE goes mainstream as originations near $10bn

Nuveen Green Capital’s Jessica Bailey talks about the potential runway for the niche financing strategy.

Rithm Capital REIT closes largest-ever MSR securitization  

The New York manager has completed a $878m securitization backed by mortgage servicing rights.

3650 Capital lines up $215m of fresh commitments from CalSTRS, Mubadala

The Miami-based firm will allocate the capital across its strategies, which include stable and transitional lending platforms.

Hines JV secures $610m CMBS financing for Chicago’s Salesforce Tower 

A group of sponsors led by Hines secured the refinancing to replace a previous construction loan.

S3 originates $300m construction loan for Queens mega-development

The funding will be used by KS Group and Alma Realty for the first phase of Astoria Cove project featuring four mixed-use rental assets.

InterVest, Bank OZK originate $253m construction financing for Nashville tower

SomeraRoad and Trestle Studio will use the funding to develop a 30-story combined hotel and condominium asset.