Southwest

Nuveen Green Capital closes $50m Las Vegas C-PACE development deal

The financing arrives mid-construction for Southern Land Company’s luxury multifamily project Capella in the city’s Symphony Park neighborhood.

S2 Capital holds final close for fund with preferred equity, gap financing bucket

The multifamily specialist’s latest vehicle also marks the first time the firm is making rescue capital investments.

Mavik closes multifamily mezz deal, industrial credit facility

The manager originated $20m in mezzanine financing for a Phoenix-area deal and closed a programmatic credit facility with industrial specialist Phoenix Investors.

JPMorgan closes $7.1bn financing for Texas data center mega-project

The bank is all-in on the project backed by a joint venture including Blue Owl Capital, Primary Digital Infrastructure and Crusoe.

Data centers investors should look for insulation while future return concerns persist

Speakers at last week’s ULI’s Spring Meeting questioned whether data center hype is outweighing real returns. That brings the relative safety of accessing the asset class via lending into focus.

BEB expands advisory team as it maps out platform expansion

The Port Washington, New York-based real estate investment management company is planning to expand its loan size and geographic reach.

Affinius closes $148.5m refi for San Diego multifamily high-rise

The San Antonio-based manager has picked up significant multifamily financing volume in April following similar deals in Boston and New York City.

Benefit Street Partners closes $223.8m of loans to extend financing streak

The firm has been active as a senior and mezzanine lender and worked in both capacities to back Pearlstone Partners’ development of an Austin condominium project.

Lenders eye San Francisco as office market moves toward equilibrium

As more green shoots emerge in leasing activities, lenders are more open to the city’s office market while it is on the way to further recovery.

SDS Capital launches $1bn affordable housing debt platform

The Los Angeles-based manager will provide below-market permanent and construction loans.