United States

Durst lands $250m SASB loan for Midtown Manhattan office

The commercial mortgage-backed securities loan is one of the first expected to close after market volatility.

Monarch, Ares originate $413m financing for Miami towers

Property Markets Group will use the funding to build a two-tower, mixed-use project in the city’s Brickell neighborhood.

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.

Hudson Bay originates $238m refi for Hudson River mixed-use project

The Connecticut-based lender is helping recapitalize a 70-acre mixed-use community in Sleepy Hollow on behalf of King Street Capital Management and Biddle Real Estate Ventures.

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.

Clarion hires Pristaw as president

Josh Pristaw will take the helm of Clarion Partners, joining from Pretium.

Mesa West closes $133.9m refi for Georgia student housing asset

The four-year loan will be used by LV Collective to replenish capital backing Rambler Athens, a 750-bed complex adjacent to the University of Georgia.

CDPQ originates $331m construction loan for Tishman Speyer Jersey City development

The project is the second phase of a waterfront residential development the sponsor planned in Jersey City.

Tyko originates $392m development financing for Miami Beach hotel

Terra and Turnberry will use the funding to advance work on the Grand Hyatt Miami Beach adjacent to the city’s convention center.

Bain, Smith Hill fund $235m refinance of Montauk resort

The funding will be used by BLDG and Metrovest for a Class A resort on Long Island.