Debt

Monarch, Ares originate $413m financing for Miami towers

Property Markets Group will use the funding to build a two-tower, mixed-use project in the city’s Brickell neighborhood.

Hudson Bay closes inaugural real estate fund at $300m-plus

The New York-based investment management company substantially exceeded its target of $100m.

Hines zeroes in on office sector’s ‘debt-first’ moment

The firm is seeing tailwinds for US office opportunities through bouts of market volatility in 2025.

CREDiQ tracks steep spike in loan modifications

The New York-based data provider found loan modifications nearly doubled for the 12 months ending in March 2025.

Archway kicks off second credit strategy

The Los Angeles-based firm is targeting $100m for the fund by the end of 2026.

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.