Sectors

Kennedy Wilson, Tokyu Land team up for mezzanine, preferred equity platform

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

Tishman Speyer JV taps JPMorgan for $85m industrial construction loan

The loan will be used for the first phase of a 380,000-square-foot industrial park in Irvine, California.

PGIM bulks industrial and retail exposure with $450m loan streak

The Newark-based manager has been refinancing sizable portfolios and tacking on more concentrated one-off deals to fuel momentum.

Invesco sees strong Q3 origination as lending nears $1bn

Invesco’s activity comes amid a broader increase in commercial real estate loan originations.

Lending Barometer: Lenders shift toward trophy mixed-use assets

The Lending Barometer tracked 96 loans totaling $12.67bn across July and August, a level that is 15% lower than the prior two-month period.

Benefit Street Partners closes $1bn CRE CLO

Franklin BSP Realty Trust’s Comparato breaks down the transaction, which marks a bright spot for a quiet sector.

BKM Capital: Industrial assets escape interest rate scourge

While prices and the availability of financing have fallen as interest rates remain high, the industrial sector is on a different trajectory, BKM Capital Partners said in a white paper released this week.

Affinius, Bank OZK fund $135m SoCal industrial development

The loan will be used by DECA and Wildcat joint venture to build Perris Gateway.