Northeast

Berkshire, Limekiln close $2bn bridge loan fund 

Fund is the largest the partners have raised since kicking off their partnership.

Tishman Speyer lines up $2.85bn to refinance Hudson Yards trophy

The New York-based investment manager secured another major commercial mortgage-backed securities loan followed by its $3.5bn refinancing on the Rockefeller Center.

Marathon funds $120m New York luxury condo development

The project, being developed by Ascendant Capital Partners, is in the city’s West Village submarket.

Nuveen Real Estate provides $115m loan for tri-state self-storage portfolio 

The operator secured the first mortgage financing arranged by JLL Capital Markets.

S3 Capital holds $335m first close for latest lending strategy

The New York-based manager will focus on large-balance loans through the fund, including bridge and construction deals in the mid-market.

CTL Capital originates $425m construction-to-perm financing 

The New York lender specializes in long-term credit tenant lease loans.

PGIM bulks industrial and retail exposure with $450m loan streak

The Newark-based manager has been refinancing sizable portfolios and tacking on more concentrated one-off deals to fuel momentum.

Criterion Real Estate Capital expands leadership team

The pair of long-serving real estate pros arrive at a time where Criterion is ‘positioned for prolific growth,’ per founder Chuck Rosenzweig.

RXR, Hudson Bay JV recapitalize New York mixed-use office via $320m loan 

The joint venture this week recapitalized New York’s 620 Fifth Avenue via a five-year $320m loan.

Tishman Speyer-led JV completes record Rockefeller Center CMBS refinancing 

The $3.5bn transaction is the largest commercial mortgage-backed securities sale since 2021.