Regions

The funding will be used to refinance five Class A properties spanning Georgia, New Jersey, South Florida and Washington.

The New York-based manager assumed control of the asset from sponsor Somerset and Meadow Partners in 2023 before opting for its own exit.

The firm will originate first mortgages backed by high-quality assets in major US and Western Europe markets.

Bruce Flatt says retail and high-net-worth investor channels will bolster fundraising momentum for real estate strategies broadly.

The headlines are becoming more positive but a recovery in US office remains skewed toward prime assets.

The use of commercial property-assessed clean energy financing in construction capital stacks is no alien matter, especially in one of America’s most fabled UFO-sighting states.

The Chicago-based investment manager eyes a niche segment within the commercial mortgage-backed securities market.

The CMBS market saw $9.1bn of new issuance in January, double what was seen during the same period in 2024.

The funding will be used by Uber, Golden State Warriors and Alexandria JV to refinance a pair of office buildings on the Chase Center campus.