Core

Ascent hires Richardson for new chief credit officer role

John Richardson joins the firm from Arbor Realty Trust, where he filled a similar role.

Burnham’s housing pledge opens the door for institutional capital 

The UK Prime Minister’s £10bn plan to fix the country’s housing shortage will create opportunities for debt providers.

BridgeInvest holds second close at $612m for latest real estate credit fund

The firm hopes to raise more than $1bn for the strategy by 2027.

Kern County funds $160m in real estate credit commitments via core portfolio

The retirement association funded commitments to Hines-Rialto, Hudson Bay and TPG.

Nuveen Green Capital holds $1bn-plus first close for latest C-PACE fund

The firm has raised roughly $3bn for C-PACE funds since 2023.

JLL’s potential exit puts pressure on Chicago’s Aon Center

A $536m loan on the property is in special servicing.

Lenders yearn for stability amid sovereign debt volatility

Yields on treasuries, gilts and other sovereign debt hit multi-year highs this week due to concerns on higher oil prices, rising deficits and inflation.

Nuveen Green Capital closes largest-ever C-PACE loan in Massachusetts

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.

Exclusive: Prospect Ridge closes second debt fund at $800m

The fund will originate senior and subordinate debt across asset classes and geographies around the US.

NPS leans into real estate credit as commitments grew by 11%

The investor backed the likes of Madison Realty Capital, Cheyne and PAG in its latest disclosure, with debt making up a significant share of its new fund commitments.