Southeast

Tyko Capital funds $360m Florida condo development loan

The firm has been a frequent lender on large-scale Florida developments.

CIM Group funds $154m to refi two Miami office towers 

The Blackstone-backed 2 and 3 MiamiCentral towers are part of a downtown mixed-use development adjacent to MiamiCentral Station.

LCP Group funds $104.5m construction loan for Ritz-Carlton Savannah

Walker & Dunlop arranged the financing on behalf of the sponsor, TMGOC Ventures.

How resurging bank activity reshapes real estate lending conditions

Regional and national bank lenders are making a welcome return to commercial real estate financing.

Peachtree closes $103m bridge loan for Miami Beach hotel completion

The funding will help recapitalize and fuel development of the 289-key Hilton Miami Beach Convention Center Hotel ahead of its May opening.

Madison Realty Capital funds $200m loan for West Palm Beach condo build

The luxury condominium property is backed by presold revenues and received competitive financing from the New York-based private manager.

Apollo funds $308m senior loan for hotel portfolio take-private 

The senior mortgage, accompanied by another $45m mezzanine loan facility, is being used to fund the acquisition and privatization of Sotherly Hotels.

Blackstone lands a $2.05bn CMBS loan for QTS-sponsored data center portfolio 

Analysts expect to see more data center mortgages securitized through the CMBS market as properties reach post-construction stabilization.

AllianceBernstein closes $178m refi of Charlotte trophy office tower

The CBRE-arranged funding will be used by owners Shorenstein and Stiles to capitalize 110 East following the asset’s 2024 delivery.

Blue Owl closes $335m refinancing of Wynwood Plaza in Miami

The floating-rate bridge loan will be used by L&L Holding Company and Oak Row Equities to retire construction debt and fund remaining leasing costs.