Regions

Real estate credit should read the warning signs

Managers are optimistic about prospects for H2, but recent headlines highlight risks in the broader financial markets.

Breakthrough, Tishman Speyer fund $90m life sciences mezzanine bridge loan

The sponsor, Gemdale USA, will use proceeds to refinance existing debt.

ACORE funds $140m refinancing for self-storage continuation vehicle 

The deal comes amid an uptick in financing for continuation vehicles for real estate private equity managers seeking to extend the lives of funds.

Nuveen Green Capital funds $101m C-PACE deal for Newark studio

The 270,000-square-foot film and television production asset will be anchored by Lionsgate and marks New Jersey’s largest C-PACE deal to date.

Rialto, Hines fund a $229m refi for historic Manhattan office 

The Textile Building received a bridge loan boost after its post-pandemic renovation with backing from PGIM, Tribeca Investment and Meadow Partners.

S3 Capital details next platform targets following $10bn milestone

The New York-based manager is looking for construction lending opportunities in and beyond the stateside Sun Belt market for its next $10bn of volume.

Wells Fargo, JPMorgan to originate $950m logistics CMBS

A joint venture between Blackstone, GIC and LBA landed the refinancing for a 41-property logistics portfolio.

Mavik Capital launches third special opportunities fund with $1bn target

The manager ramps up fundraising target from its previous $685m special opportunities fund.

Liquid debt markets are fueling real estate recovery, Hines’ Scoville says

Josh Scoville, global head of research at the Houston-based manager, sees a more resilient outlook for the sector.

PERE’s relaunch – The editors’ take

PERE’s editors share the biggest highlights from our newly integrated real estate capital markets service, which launched this week.