The 20-story tower in Manhattan’s Financial District will be converted into a 382-unit multifamily property with a mix of market-rate and affordable housing.
3 min read · 09 February 2026
JEMB Realty will use the $8m loan to fund Herald Towers’ infrastructure upgrades alongside existing debt from Blackstone and Corebridge.
4 min read · 09 February 2026
The US private-label CMBS market continues to be driven by large-ticket transactions.
2 min read · 06 February 2026
InterVest has secured an $867m financing package to convert the long‑vacant building into a 30‑story luxury residential tower, marking one of the largest single‑asset office‑to‑residential conversions in the market.
2 min read · 06 February 2026
The floating-rate bridge loan will be used by L&L Holding Company and Oak Row Equities to retire construction debt and fund remaining leasing costs.
2 min read · 04 February 2026
The firm struck a near-split between refinancing and acquisition deals across $4.5bn of loan commitments in 2025 across North America and Europe.
4 min read · 04 February 2026
Robert Holuba will oversee the merged private real estate platform at the Pennsylvania manager while Dean Frankel will continue leading the public platform.
3 min read · 29 January 2026
The $159bn retirement system currently has 15% of its portfolio allocated toward real estate, against a 17% target.
2 min read · 27 January 2026
The Allen Morris Company has secured a total of $27m of construction debt for its 57-unit Ponce Park condominium development in the past two months.
3 min read · 23 January 2026
The borrower is a joint venture between Interstate Equities Corporation and PGIM.
2 min read · 22 January 2026
