United States

Sunrise Realty charts aggressive expansion course

The Florida-based commercial real estate lender wants to double origination as it grows its lending base.

400 Capital Management closes its fourth private credit fund

The credit fund drew capital commitments amid a shifting regulatory environment.

Rockpoint JV taps Apollo for Wall Street multifamily loan

The Boston-based manager, in partnership with Brooksville, acquired the property in 2016 for $421.5m.

Wellington hires PIMCO team for debt platform launch

Ravi Anand and three other PIMCO alum will establish the Boston-based manager’s real estate credit presence and outline plans for a flagship strategy.

Lone Star Funds snags $343m loan portfolio from Flagstar

The Dallas-based private equity firm acquired sub-performing loans from the former New York Community Bank.

Lessons learned from Blackstone’s Willis Tower’s debt extension

Blackstone’s maturity reset for the trophy office to 2028 shows managers still can extend loans on offices – as long as the equity is there.

RFR lands $160m refinancing for New York office tower

RFR was facing a potential foreclosure on 475 Fifth Avenue prior to securing the refinancing.

Blackstone lines up extension on $1.3bn CMBS debt for Willis Tower

The iconic Chicago skyscraper’s debt will next mature in 2028, with flexibility on further extension options.

Bayport Funding gears toward $250m expansion

As part of the growth plans, the mid-market lender plans to broaden its scope across Texas.