Core

MonticelloAM funds $435m financing for a skilled nursing portfolio

The portfolio includes more than 1,890 licensed beds in 14 facilities.

Blackstone lands a $2.05bn CMBS loan for QTS-sponsored data center portfolio 

Analysts expect to see more data center mortgages securitized through the CMBS market as properties reach post-construction stabilization.

Sun Life’s private markets manager targets double AUM under Kalsi leadership

Private real estate veteran Sonny Kalsi is to lead a growth strategy for Sun Life Capital Management, which aims to see its assets under management double to $600bn within five years.

Capital One Healthcare funds $171m refinancing for national portfolio 

The financing package includes a $250m credit line that will support future deployment for the portfolio’s sponsor, Davis.

Northwind raises $342.5m for its second healthcare-focused debt fund

The New York-based real estate private equity and credit manager exceeded its $250m target for the fund.

Loans in focus: Slate Property’s East Harlem medical office; Kayne Anderson’s Brooklyn bulk-up; PCCP’s Hoboken groundbreaking

JPMorgan and GoldenTree Asset Management are backing the new construction of a mixed-use medical office in Manhattan’s Carnegie Hill and East Harlem submarkets; Kayne Anderson is funding a planned luxury residential tower in Brooklyn; PCCP is putting up debt for a multifamily development in Hoboken, New Jersey; and more in our round-up of stateside loan deals from the past week.

Data centers investors should look for insulation while future return concerns persist

Speakers at last week’s ULI’s Spring Meeting questioned whether data center hype is outweighing real returns. That brings the relative safety of accessing the asset class via lending into focus.

Onni Group secures $1bn financing package for apartment portfolio 

The Canadian developer received financing for its properties across Chicago and Los Angeles.