Debt

Lending Barometer: Lending activity surges as transaction volume picks up

PERE Credit’s Lending Barometer tracked $10.64bn of loan transactions in September and $9.9bn in October.

Five managers putting down roots in bridge lending

An increasing number of bridge lenders are growing their platforms or setting up shop as the bank retrenchment continues.

Healthcare real estate’s short-term lending infusion

An aging population is opening the door for more debt strategies in the healthcare sector.

Savanna’s Bryant Park refi shows why loan extensions can be worth it

The manager exercised five one-year extension options on 5 Bryant Park before securing a new loan for the office from King Street and Blue Owl. But it is not alone in extending that many times.

Saluda Grade closes first rated RTL deal

Saluda Grade is stepping into the rated market a little more than a year after the first-ever rated RTL deal was completed.

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.