United States

Deer Park to launch fund for distressed CMBS opportunities 

The manager is targeting growth opportunities amid CMBS market dislocation.

Marathon originates $210m refi for Trinity and Partners JV

The funding will be used to refinance the Ritz-Carlton Dallas following renovation work.

Puente Hills Mall: California retail goes back to the future

Puente Hills Mall, a roughly 56-acre mall in the City of Industry, California which is best known as a filming location in Hollywood blockbuster Back to the Future, is set to undergo a major redevelopment.

Bayview adds ex-Kayne Anderson exec to head real estate debt

Andrew Smith will focus on expanding the Florida manager’s credit platform as it plans fund launch.

ORIX hires Dulchinos for US real estate credit expansion

The firm is seeking to develop, raise and deploy credit-geared strategies.

Prime, BridgeInvest collaborate on $110m portfolio acquisition financing

The funding will be used as part of an $180m deal to buy a 1,326-unit portfolio in New York City.

Nuveen Green Capital closes $40m Houston data center C-PACE deal

The funding was arranged by Lone Star PACE and will be used to develop data centers in the Texas city.

Affinius, AB CarVal and RHF originate $230m hotel acquisition financing

The funding will be used by Gencom as part of a $308m deal to buy the Thompson Central Park New York hotel.

Carlyle joins forces with North Bridge for $1bn C-PACE initiative

The private equity manager is taking a minority stake in North Bridge as part of the deal.

Scale originates $135m construction loan for Bronx multifamily asset

Slate’s financing arm has focused on development and construction completion investments year to date.