Debt

Exclusive: King Street JV close to finalizing $500m Bryant Park refinancing for Savanna

The financing replaces a $463m maturing commercial mortgage-backed securities loan that matured in June.

Barings, Counterpointe fund $173m construction loan for Philadelphia apartments

The partners will fund the development of Harper Square, a planned 45-story multifamily development that is close to the city’s Rittenhouse Square submarket.

Fidelity Bancorp lines up $300m TCW investment to expand lending platform

The commitment will allow the firm to expand its lending capacity to $600m.

Scale closes $460m loan to fund Miami residential development

The financing will be used by Namdar Group to fund support construction and leasing for a pair of 43-story multifamily buildings in downtown Miami.

TPG Real Estate Credit holds final close on $2.1bn for latest strategy

The firm exceeded its initial target of $1.5bn for the opportunity fund.

LNL Capital taps into net lease debt niche, nears $1bn milestone goal

The firm is close to hitting $1bn in originations.

Bridge closes latest debt fund at $2.15bn

Bridge Debt Strategies V’s investment plan includes originating first mortgages and buying debt securities.

Bank OZK, Related fund $380m construction loan for $4bn Hines-backed project

The senior and mezzanine financing will be used to start development of the 200-acre Riverwalk San Diego project in Southern California.

TPG, Andover self-storage JV looks at new sectors after hitting $500m milestone

The venture is now expanding its footprint into the industrial and car wash sectors.