Southeast

Borrower view: Arch tilts back to New York as rising rates start to slow transaction activity 

The manager is observing more hesitation from lenders, which ultimately will have an impact on transaction activity.

Lending Data: Lotus Capital arranges novel $70m Miami-area acquisition, development loan

The loan, part of Real Estate Capital USA’s weekly lending data report, will allow sponsors to both acquire the real estate and then move ahead with ground-up construction.

Goldman Sachs launches $520m multifamily SASB deal

A portion of the proceeds of GSMS 2022-ECI, along with about $105 million of subordinate mezzanine financing and another $24 million of sponsor equity, will be used to refinance existing debt.

CBRE arranges $213m loan for CP Group, Rialto, Sabal joint venture

Financing to fuel renovations on One Biscayne Tower, a Class A office asset in downtown Miami.

Borrower profile: Targa aims for workforce housing expansion, new banking relationships

Moss Family Office subsidiary targets Texas, Florida housing projects with first $40m fund.

Borrower view: Ten Capital sees financing emerging as key dealmaking metric

The current environment could create opportunity for Ten Capital to expand its portfolio, CEO Ben Adams believes.

Lawlor’s Waypoint shifts toward new Sunbelt multifamily development

The Boca Raton-based developer sees ample lender interest in new apartment building in up-and-coming markets.

Starwood funds $59m Orlando apartment loan into rising rental market

Charles Foschini, who arranged the loan via Berkadia, said rising rental rates at Enclave at Lake Ellenor meant the borrower was able to secure better terms.