Multifamily Housing

Berkshire, Limekiln close $2bn bridge loan fund 

The fund is the largest the firms have raised since kicking off the partnership.

Pearlmark funds mezzanine component of super-tall mass timber construction loan 

Chicago-based manager was part of the capital stack for the construction financing on The Edison, a 378-unit, mass timber luxury apartment building in Milwaukee.

S2 Capital acquires distressed apartments with $60m of rescue capital

The investment manager rearranged the capital stack and secured a debt infusion on five multifamily properties in the Sun Belt region.

Cottonwood closes $284m bridge deal for Austin-area assets

The senior bridge financing will be used by Reger Holdings to recapitalize EastVillage and the Linden Residences.

Scale funds $170m construction loan for Florida mixed-use project

The developer, Terra, will use the financing for the first phase of a $1bn mixed-use community in South Florida.

Pembrook gears up for bridge, construction vehicles

The firm sees a clear opportunity to expand its platform as banks scale back their commercial real estate lending platforms.

Canyon Partners closes its largest-ever real estate debt fund

The firm raised approximately $1.2bn for CRED III, which is already over 40% deployed.

S3 Capital holds $335m first close for latest lending strategy

The New York-based manager will focus on large-balance loans through the fund, including bridge and construction deals in the mid-market.

Kah seeks to fill ‘gap in lender mindset’ with mortgage impact strategy

The minority-owned emerging manager is raising $500m for a strategy that seeks to keep ‘struggling families’ in their homes and find ‘hidden alpha’.

Kuvare backs Evergreen to charge real estate growth

Evergreen has raised $1bn in capital commitments following initial seed and involvement from Prosperity Asset Management.