North America

Bravo Property Trust funds $169.3m Jersey City construction loan

The New York-based lender is funding the construction of a new 477-unit, Class A rental building with ground-floor retail.

Inside Trinity’s $575m refinancing of Florida’s Diplomat Resort  

The sponsors passed another milestone after acquiring the landmark hotel in a record transaction.

Värde funds $185m refinance for 20-asset self-storage portfolio

The Minneapolis-based manager originated the funding for a joint venture between Metro Storage and Fremont Realty Capital.

Brookfield lines up $750m loan extension for Manhattan office

The Toronto-based manager secured the refinancing package from Morgan Stanley among other lenders.

Brookfield’s Balkan to exit at year-end

The co-architect of the Toronto-based manager’s real estate credit platform, Andrea Balkan, is departing after 22 years with the firm.

Barings’ Alamgir counsels caution as real estate market moves toward reboot

Barings is taking a measured approach as the commercial real estate market takes the first steps toward a recovery.

Blue Light Capital launches credit division to target mid-market lending gaps

The firm hired Needham Point Capital co-founders Jeremy Burton and Tristine Lim to lead Blue Light Credit.

Analysis: JPMorgan AM rethinks real estate allocations in higher-rate world 

The firm is delving into the role public and private strategies play in institutional investor portfolios.

Blackstone Mortgage Trust, M&T Realty Capital team up for agency lending expansion

BXMT borrowers will be able to use agency financing through M&T’s Fannie Mae and Freddie Mac platforms.

CMBS market sees broad resurgence as issuance rises steeply

Robert Neighoff, a portfolio manager at Mariner Investment Group, is tracking opportunity in new issue conduit and SASB paper.