United States

The transaction makes Brookfield the largest multifamily owner in San Francisco.

The $308m loan is expected to be sold for a 50% discount.

The financings come at a time when few lenders have been funding construction loans.

London Bay will use the funding for the first phase of a Ritz-Carlton development in Bonita Springs.

Hines and Urban Street Development will use the financing for the first phase of a multifamily, office and retail project.

Lenders and investors believe some markets have started to hit bottom as trades come through.

The firm has an almost 95% occupancy rate in its office portfolio.

The Los Angeles-based manager is capping off 2023 with its second fundraise for the year.

Dallas manager and New Jersey industrial specialist look to scale investment products, institutional investor base and technology through transaction.

The flexible working provider is seeking to reject 69 leases in North America, according to research from rating agency KBRA.