Debt

Madison Realty closes debt fund at $2bn

The New York-based investment manager will buy whole loans and performing- and non-performing notes, and provide additional financing through the fund.

PERE Credit Inaugural Borrowing Barometer: We want to hear from you

PERE Credit’s inaugural Borrowing Barometer survey is designed to take the pulse of the US real estate financing market from those that use debt or raise it on behalf of those that use it.

BGO, Synergy secure extension for $375m Boston office loan

The duo extend debt for four years on the office asset amid sector volatility.

BKM Capital: Industrial assets escape interest rate scourge

While prices and the availability of financing have fallen as interest rates remain high, the industrial sector is on a different trajectory, BKM Capital Partners said in a white paper released this week.

Affinius, Bank OZK fund $135m SoCal industrial development

The loan will be used by DECA and Wildcat joint venture to build Perris Gateway.

3650 REIT brings on Burstein to bolster special servicing function 

The Miami-based alternative lender anticipates a rise in distressed transactions – but in a way that is very different than in past cycles.

Gul, Fishbach lay out Mesa West expansion framework 

The pair, veterans of the Los Angeles-based real estate private credit manager, are planning an expansion while maintaining the firm’s core focus and values.

Slate, Fundamental tap JPMorgan for $210m NYC affordable housing refi

JPMorgan Chase structured the transaction via Freddie Mac’s Multifamily Q series.

DWS’s Henderson sees end of real estate capital markets recession

Todd Henderson, co-global head of real estate at New York-based manager DWS, believes interest rates will be range-bound in the coming months.

Blue Owl’s Zahr outlines real estate credit opportunity set 

The New York-based investment manager earlier this year completed two significant acquisitions, said Marc Zahr, co-president and head of real estate.