Northeast

Barings funds $230m refinancing for New York mixed-use property

The financing comes amid a surge in lending activity for loans of more than $100m.

PCCP funds $162m construction loan for New Jersey multifamily development

Ironstate secured the financing for the development of a mixed-use residential project in NJ’s Hoboken submarket.

Kayne Anderson leads $375m Brooklyn construction loan

The $495m financing package includes joint venture equity.

3650 Capital originates $32m mezzanine loan for Stamford multifamily property

The lender sees continued opportunities for development in select markets.

Starwood funds $500m Westchester industrial portfolio financing

The portfolio is located across three industrial parks in the infill markets around the New York metropolitan area.

Apollo originates $785m loan for RXR-backed office acquisition

RXR and Elliot Investment Management are purchasing 590 Madison Avenue for $1.08bn from the State Teachers Retirement System of Ohio.

Times Square CMBS signals bullish market for New York office deals

The city’s class A office market over the years has been boosted by robust refinancing resources and a lack of new supply.

Blackstone’s LePatner killed in NYC shooting

The CEO of the mega-manager’s non-listed REIT and global head of its core-plus real estate business was 43.

Affinius closes $340m loan for Brooklyn multifamily refi

The loan proceeds will be used in the project’s remaining construction and lease-up.