Northeast

Cale Street, Farallon fund $985m Manhattan condo refi

The financing for Zeckendorf, Atlas and Baupost will fund the construction of the luxury 80 Clarkson development.

Sabal keeps sights on opportunistic, niche sectors to expand US debt portfolio

The California manager funded loans across New York, Washington, DC, Florida and Arizona through July and August.

EQT Exeter taps New York Life, State Farm to finance core industrial play

The insurers financed two warehouse buys by the manager’s non-traded REIT.

Goldman, Wells Fargo lead $560m CMBS refi of Ares-backed resi tower

The funding will be used to recapitalize luxury 3ELEVEN tower south of Manhattan’s Hudson Yards.

Barings, Counterpointe fund $165m mixed-use construction package 

The financing, which comprises a construction loan and C-PACE financing, will be used to develop the second phase of a mixed-use project in Darien, Connecticut.

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.

Brookfield lines up $750m loan extension for Manhattan office

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

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.

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.

A&E Real Estate rolls out inaugural debt financing platform 

Joseph Fingerman, a former executive at Signature Bank, will lead the business.