Multifamily Housing

The targeted $2bn venture with Castlelake will allow Invictus to further scale its lending platform.

The loan package consists of a $113.8m Freddie Mac loan and a $15.6m preferred equity investment.

The senior and mezzanine debt will be used by Tavros Capital and Charney Companies to acquire and pre-develop a 1,000-unit project in the Gowanus neighborhood.

Property Markets Group will use the funding to build a two-tower, mixed-use project in the city’s Brickell neighborhood.

The manager-developer partnership is targeting $200 million in preferred equity and mezzanine investments across multifamily and industrial sectors

The Connecticut-based lender is helping recapitalize a 70-acre mixed-use community in Sleepy Hollow on behalf of King Street Capital Management and Biddle Real Estate Ventures.

The San Antonio-based manager has picked up significant multifamily financing volume in April following similar deals in Boston and New York City.

The four-year loan will be used by LV Collective to replenish capital backing Rambler Athens, a 750-bed complex adjacent to the University of Georgia.

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

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