Sectors

PERE’s relaunch – The editors’ take

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

Pearlmark holds final close for sixth mezzanine debt fund

The firm raised $528m for Pearlmark Mezzanine Debt Fund VI, exceeding its cap of $475m.

S3 Capital funds $111m construction loan for Miami multifamily tower

The loan from the New York-lender will be used by HA Emprendimientos to build its 26-story, 328-unit Sense22 development in the Edgewater submarket.

Minimal lender impact seen after instability issues at Pfizer office conversion

Madison Realty Capital originated a $720 million senior loan to finance Metro Loft and David Werner’s residential conversion of the New York office building.

Affinius closes $188m refi for New Jersey mixed-use complex

San Antonio-based manager continues its 2026 lending streak with a deal backed by PCCP, Claremont Development and Stanberry Development group.

Maxim Capital funds $300m loan for New York residential development

The sponsors, Grubb Properties and Pink Stone Capital, lined up another $77m in mezzanine financing from a group of lenders.

Lending Barometer: Treasury spike chills US originations

The PERE Credit Lending Barometer, which tracks representative data on US and European commercial real estate lending, tracked $12.9bn of new originations across 93 transactions in the US in May.

Incus holds second close of €800m European asset-backed financing fund

The Spanish manager has raised 70% of targeted capital for the vehicle, which includes real estate lending in its remit.