Multifamily Housing

BlackRock sees $1trn maturity wall as sector’s most serious challenge

The New York-based investment management company is raising concerns about the volume of loans slated to mature in 2025 and 2026.

Affinius closes $215m construction financing for Manhattan multifamily tower

The project’s capital stack also includes a senior loan from Kennedy Wilson and junior mezzanine financing from InterVest Capital Partners.

Benefit Street Partners closes $223.8m of loans to extend financing streak

The firm has been active as a senior and mezzanine lender and worked in both capacities to back Pearlstone Partners’ development of an Austin condominium project.

Affinius, Siguler Guff originate $212m refi for Boston multifamily complex

The borrower is a joint venture between Blue Vista and Cabot, Cabot & Forbes, owners of a Class A property in the Brighton submarket.

Tishman Speyer lines up $166m development financing for Queens project

The affordable housing development’s financing is being led by New York State Homes and Community Renewal.

S3 originates $300m construction loan for Queens mega-development

The funding will be used by KS Group and Alma Realty for the first phase of Astoria Cove project featuring four mixed-use rental assets.

S3 originates $210m construction financing for Brooklyn mixed-use project

The New York-based manager has steadily grown its East Coast lending book with development financing opportunities.

Franklin BSP acquires NewPoint to boost agency lending, servicing

The firm will use the transaction to expand its agency lending capabilities and tee up more exits through its mortgage REIT investments.

Brookfield originates $176m financing for Atlanta SFR portfolio

The credit facility will back seven single-family rental communities across suburbs near Georgia’s capital city.