United States

Peachtree closes $103m bridge loan for Miami Beach hotel completion

The funding will help recapitalize and fuel development of the 289-key Hilton Miami Beach Convention Center Hotel ahead of its May opening.

Avila holds second close of sequel real estate credit strategy at $200m

Toll Brothers, DR Horton and Century Communities have made investments in the debt fund as AREC aims to raise $1bn in commitments.

Madison Realty Capital funds $200m loan for West Palm Beach condo build

The luxury condominium property is backed by presold revenues and received competitive financing from the New York-based private manager.

LACERS commits $150m to real estate private credit strategies

The $27bn system is currently below its real estate target allocation.

Canyon Partners, JPMorgan close $156m refi package for Philadelphia industrial complex

The lenders jointly originated the financing to replace existing debt and fund the lease-up of the Class A, two-building Bridge Point Philadelphia.

Resi conversions are helping to bring Manhattan’s office market back into favor

Tenant demand for a decreasing amount of space is leading bank and non-bank lenders to be more willing to finance developments, redevelopments and refinancings.

Apollo closes $420m office-to-resi construction loan for RXR-backed conversion

The debt funding will be used alongside a $55m tax equity investment from JPMorgan Chase to retool RXR and One Investment Management’s 61 Broadway.

Wells Fargo provides a $450m CMBS loan for 1250 Broadway  

The New York office market is propped up with refinancings in the first two months of 2026.

Apollo funds $308m senior loan for hotel portfolio take-private 

The senior mortgage, accompanied by another $45m mezzanine loan facility, is being used to fund the acquisition and privatization of Sotherly Hotels.

Fairfax times the cycle with a bet on a manager intent on scaling its credit business

Kennedy Wilson has steadily built its real estate debt platform alongside its global equity presence ahead of its privatization by the Canadian manager.