North America

KKR originates $101m refinancing package for LA multifamily complex

The bridge loan was arranged by Gortikov Capital and will be used by AMCAL to recapitalize a Woodland Hills, California, property.

APF Properties faces potential foreclosure after New York office loan default

The New York-based sponsor defaulted on a $70m CMBS loan on 25 West 45th Street, a historic office building near Grand Central.

Andover Properties rolls out dedicated self-storage lending platform 

The firm launched Andover Storage Lending this year in response to banks pulling back from their lending activity.

PGIM Real Estate plans senior manager succession for $6.4bn debt strategy

John Jacobs has been slated to take on senior portfolio manager responsibilities from Steve Bailey, who is retiring at year’s end.

Introducing the 2024 PERE Credit 50

Meet the 50 largest fundraisers in the US commercial real estate lending market.

Deutsche Bank, KSL fund $185m refinancing for Miami hotel

The refinancing came as a package of senior loan and mezzanine debt.

Borrower profile: American Landmark raises $1bn for low-leverage multifamily fund

The Tampa-based owner-operator raised more than $1bn for Sun Belt-focused multifamily investments.

Irvine Company taps BoA for $150m Los Angeles office loan

The loan will be included in an upcoming commercial mortgage-backed securities deal.

Madison Realty doubles down on waterfront multifamily deals

The New York-based private credit provider originated new loans for projects in Florida and New Jersey.