United States

Cale Street, Farallon fund $985m Manhattan condo refi

The financing for Zeckendorf, Atlas and Baupost will fund the construction of the luxury 80 Clarkson development.

Sabal keeps sights on opportunistic, niche sectors to expand US debt portfolio

The California manager funded loans across New York, Washington, DC, Florida and Arizona through July and August.

EQT Exeter taps New York Life, State Farm to finance core industrial play

The insurers financed two warehouse buys by the manager’s non-traded REIT.

Calmwater sees rise in NPL financing opportunities

The firm has seen its pipeline in this area grow steadily for the past six months, says Larry Grantham, managing principal.

Borrower view: Pinnacle Housing sees financing gaps widen for affordable deals

Higher interest rates and construction costs are making development more expensive, according to Coraly Rodriguez, partner.

Goldman, Wells Fargo lead $560m CMBS refi of Ares-backed resi tower

The funding will be used to recapitalize luxury 3ELEVEN tower south of Manhattan’s Hudson Yards.

Tyko, Security Benefit fund $748.5m refinance of 830 Brickell

Cain International and OKO Group will pay off prior construction financing from MSD Partners for the Miami trophy office.

Värde funds $105m takeout loan for a California multifamily development 

The transaction represents Värde’s conviction around the demand dynamics of the Silicon Valley housing market.

Borrower view: Crescent Grove looks at first data center deals

The Milwaukee-based manager is looking at lenders with a deeper understanding of the sector.

Barings, Counterpointe fund $165m mixed-use construction package 

The financing, which comprises a construction loan and C-PACE financing, will be used to develop the second phase of a mixed-use project in Darien, Connecticut.