Office

The firm funded a $281m financing backed by the residential component of Winthrop Center, a 62-story, mixed-use property in Boston owned by Millennium Partners.

The UK High Court dispute saw PIMCO Prime, JLL and Valesco explain their roles in a valuation process that triggered a cash trap.

The city was hit hard by the covid-19 pandemic but is rebounding as occupancy and origination conviction is restored.

The financing comes amid a resurgence in activity for high-quality office properties.

The Textile Building received a bridge loan boost after its post-pandemic renovation with backing from PGIM, Tribeca Investment and Meadow Partners.

LGPS Central, which invests on behalf of local government pension schemes, has allocated to the US manager’s CMI Europe.

Josh Scoville, global head of research at the Houston-based manager, sees a more resilient outlook for the sector.

PERE’s editors share the biggest highlights from our newly integrated real estate capital markets service, which launched this week.

The £340m loan on EDGE London Bridge is the UK manager’s largest since establishing its debt platform in 2021.

Real estate private credit lenders helped complete the capital stack, which comprises a $415m CMBS loan, a $40m B-note and a $60m mezzanine loan, according to Newmark.