The firm provided $100m of equity and preferred equity to the mixed-use project, a new-model deal in which each component includes minority- and women-led representation.
4 min read · 31 October 2023
Nominations close at midnight on Friday November 17 2023 for Real Estate Capital USA’s third annual awards and a shortlist will be announced on Monday, December 4.
3 min read · 31 October 2023
Proposed changes to existing regulations are expected to make it easier for sponsors to obtain this emerging form of financing.
4 min read · 30 October 2023
New Jersey manager continues West Coast lending momentum with agency deals for the Sobrato Organization.
2 min read · 26 October 2023
Miami manager will allocate $175m toward providing debt financing for value-add and distressed opportunities.
2 min read · 26 October 2023
The New York-based banking giant has been working to actively reduce its balance-sheet exposure to the sector since the start of the year.
3 min read · 25 October 2023
The concern is that when rate cuts finally happen, the magnitude of these cuts could be lower than expected.
6 min read · 24 October 2023
The joint venture secured a $750m floating-rate CMBS deal backed by a pair of luxury Florida resort properties.
3 min read · 24 October 2023
The firm cited concerns over the workouts of New York’s 1740 Broadway, which has seen its servicer replaced twice since entering special servicing.
5 min read · 23 October 2023