Debt

Canyon Partners closes its largest-ever real estate debt fund

The firm raised approximately $1.2bn for CRED III, which is already over 40% deployed.

Cottonwood originates $56m in data center loans

The Los Angeles-based firm sees the sector as a strong area for growth.

The real elephant in the room

The US national debt is a macroeconomic issue, one that may not touch the lives of commercial real estate lenders and borrowers on a day-to-day basis.

Investor watch: Largest backers commit $16bn since 2019

The New York State Teachers’ Retirement System continues to be the top investor in US commercial real estate private credit.

Commercial real estate’s soft landing looks more likely

It is likely to be sector- and market-specific.

S3 Capital holds $335m first close for latest lending strategy

The New York-based manager will focus on large-balance loans through the fund, including bridge and construction deals in the mid-market.

Tishman Speyer JV taps JPMorgan for $85m industrial construction loan

The loan will be used for the first phase of a 380,000-square-foot industrial park in Irvine, California.

Kah seeks to fill ‘gap in lender mindset’ with mortgage impact strategy

The minority-owned emerging manager is raising $500m for a strategy that seeks to keep ‘struggling families’ in their homes and find ‘hidden alpha’.

Real estate’s ‘mind blowing’ climate financing need and other COP29 takeaways

Property finance was on the agenda during week one of the 29th session of the Conference of the Parties to the United Nations Framework Convention.

PGIM bulks industrial and retail exposure with $450m loan streak

The Newark-based manager has been refinancing sizable portfolios and tacking on more concentrated one-off deals to fuel momentum.