United States

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.

RMWC originates $208m financing for Florida condo development

The transaction is the first loan originated through the lender’s latest debt fund.

Bayview lines up $135.5m C-PACE-backed securitization

The transaction is expected to close April 9 and is a positive notch toward further institutionalization for the niche financing category.

Affinius closes $215m construction financing for Manhattan multifamily tower

The project’s capital stack also includes a senior loan from Kennedy Wilson and junior mezzanine financing from InterVest Capital Partners.

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.

Affinius, Siguler Guff originate $212m refi for Boston multifamily complex

The borrower is a joint venture between Blue Vista and Cabot, Cabot & Forbes, owners of a Class A property in the Brighton submarket.

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.

BGO makes senior leadership changes

Five executives have been elevated to key global or regional roles as part of the Miami-based manager’s long-term succession planning.

Hudson Pacific lands $475m CMBS loan for West Coast office portfolio

The loan is a bright mark for the Los Angeles office market and West Coast offices after an early-year string of trophy refinancings.

Tishman Speyer lines up $166m development financing for Queens project

The affordable housing development’s financing is being led by New York State Homes and Community Renewal.