United States

PCCP funds $162m construction loan for New Jersey multifamily development

Ironstate secured the financing for the development of a mixed-use residential project in NJ’s Hoboken submarket.

Kayne Anderson leads $375m Brooklyn construction loan

The $495m financing package includes joint venture equity.

3650 Capital originates $32m mezzanine loan for Stamford multifamily property

The lender sees continued opportunities for development in select markets.

Invesco funds $390m Houston multifamily acquisition loan

The Atlanta-based manager doubles down on high-quality properties in key markets with accelerating lending activities.

Starwood funds $500m Westchester industrial portfolio financing

The portfolio is located across three industrial parks in the infill markets around the New York metropolitan area.

TPG, Goldman fund $352.7m financing for Fundrise industrial portfolio

The 12 institutional-quality properties span 3.18 million square feet and are in US markets near logistics hubs.

Apollo originates $785m loan for RXR-backed office acquisition

RXR and Elliot Investment Management are purchasing 590 Madison Avenue for $1.08bn from the State Teachers Retirement System of Ohio.

Madison Realty renews Miami River backing with $350m bridge loan

The fresh round of financing will see Flow and Yellowstone Trust added as majority owners of the Brickell-area mega-development formerly spearheaded by Chetrit Group.

Intervest, Builders originate $160m financing for Disney-branded resi development

The funding will be used for the completion of the first phase of Cotino, a 1,900-unit master-planned community in Rancho Mirage, California.