Debt

Prime, BridgeInvest collaborate on $110m portfolio acquisition financing

The funding will be used as part of an $180m deal to buy a 1,326-unit portfolio in New York City.

3650 REIT lines up $430m of new commitments via CalSTRS, Temasek

The Miami-based national real estate lender also brought on an undisclosed wealth advisory firm in its first commitment of this kind.

Nuveen Green Capital closes $40m Houston data center C-PACE deal

The funding was arranged by Lone Star PACE and will be used to develop data centers in the Texas city.

Affinius, AB CarVal and RHF originate $230m hotel acquisition financing

The funding will be used by Gencom as part of a $308m deal to buy the Thompson Central Park New York hotel.

Waterton closes $1.7bn multifamily fund with credit angle

The Chicago-based firm joins a growing list of managers targeting distress.

Analysis: Surprise 50 basis point rate cut sets more stable course

The Federal Reserve’s decision to cut interest rates by 50 basis points is not expected to have a significant impact on commercial real estate lending and borrowing.

Carlyle joins forces with North Bridge for $1bn C-PACE initiative

The private equity manager is taking a minority stake in North Bridge as part of the deal.

Scale originates $135m construction loan for Bronx multifamily asset

Slate’s financing arm has focused on development and construction completion investments year to date.

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.