United States

C-PACE goes mainstream as originations near $10bn

Nuveen Green Capital’s Jessica Bailey talks about the potential runway for the niche financing strategy.

Rithm Capital REIT closes largest-ever MSR securitization  

The New York manager has completed a $878m securitization backed by mortgage servicing rights.

Hines JV secures $610m CMBS financing for Chicago’s Salesforce Tower 

A group of sponsors led by Hines secured the refinancing to replace a previous construction loan.

S3 originates $300m construction loan for Queens mega-development

The funding will be used by KS Group and Alma Realty for the first phase of Astoria Cove project featuring four mixed-use rental assets.

InterVest, Bank OZK originate $253m construction financing for Nashville tower

SomeraRoad and Trestle Studio will use the funding to develop a 30-story combined hotel and condominium asset.

SDS Capital launches $1bn affordable housing debt platform

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

S3 originates $210m construction financing for Brooklyn mixed-use project

The New York-based manager has steadily grown its East Coast lending book with development financing opportunities.

Franklin BSP acquires NewPoint to boost agency lending, servicing

The firm will use the transaction to expand its agency lending capabilities and tee up more exits through its mortgage REIT investments.

Brookfield originates $176m financing for Atlanta SFR portfolio

The credit facility will back seven single-family rental communities across suburbs near Georgia’s capital city.