Debt

Affinius closes $148.5m refi for San Diego multifamily high-rise

The San Antonio-based manager has picked up significant multifamily financing volume in April following similar deals in Boston and New York City.

BlackRock sees $1trn maturity wall as sector’s most serious challenge

The New York-based investment management company is raising concerns about the volume of loans slated to mature in 2025 and 2026.

Tyko originates $392m development financing for Miami Beach hotel

Terra and Turnberry will use the funding to advance work on the Grand Hyatt Miami Beach adjacent to the city’s convention center.

Bain, Smith Hill fund $235m refinance of Montauk resort

The funding will be used by BLDG and Metrovest for a Class A resort on Long Island.

Turmoil, tariffs not seen derailing potential recovery

Debt fund managers remain active, albeit cautious, as the Trump administration has this week implemented and rescinded tariffs on nearly all US trading partners.

PERE Credit Alternative Lending Barometer 2025 – Last Chance To Participate

The results and analysis of this research will feature in a report on the alternative lender market in PERE Credit’s June issue.

Affinius closes $215m construction financing for Manhattan multifamily tower

The project’s capital stack also includes a senior loan from Kennedy Wilson and junior mezzanine financing from InterVest Capital Partners.

Benefit Street Partners closes $223.8m of loans to extend financing streak

The firm has been active as a senior and mezzanine lender and worked in both capacities to back Pearlstone Partners’ development of an Austin condominium project.

Affinius, Siguler Guff originate $212m refi for Boston multifamily complex

The borrower is a joint venture between Blue Vista and Cabot, Cabot & Forbes, owners of a Class A property in the Brighton submarket.