United States

Scale Lending originates $150m construction completion loan for Bronx project

The Slate Property Group lending arm has ramped up construction completion lending with increased demand for development capital.

Apollo funds Brookfield apartment acquisition via $410m financing

Toronto-based Brookfield acquired the San Francisco properties via a foreclosure.

Bank OZK extends debt streak with $600m Miami-area construction loan trifecta

Berkadia arranged two of the financings, which will increase the Arkansas-based lender’s presence across South Florida.

LA manager ASFM secures GCM Grosvenor commitment for pref equity, mezz platform

American South Fund Management lined up a $50m commitment to expand its real estate impact investment for attainable housing.

Bridge Industrial taps Bank OZK, Mesa West consortium for $413m construction loan

Morgan Stanley Real Estate Investing was also a part of the group that funded the loan for sponsor Bridge Industrial.

Bizzi+Bilgili lines up rare office construction loan via Cain International

The financing is notable given the paucity of capital allocated to the office sector as well as a decline in construction lending over the past year to 18 months.

Cain secures $2bn of development financing for Beverly Hills luxury project

JPMorgan has originated a $500m senior loan to help build the mixed-use development One Beverly Hills.

Bank OZK, BDT and MSD fund $756m financing for Inland Empire mega-project

CBRE IM and Hillwood will use the funding for Phase 1 of speedway conversion into a 6.6 million-square-foot industrial complex.

Steinbridge creates debt capital markets, capital raising role ahead of $1.3bn pipeline push 

The firm has hired Jay Dunn from RFR Realty to head up capital raising and debt capital markets as it looks to execute on a heavy multifamily and residential pipeline.