Debt

PGIM Real Estate’s McDonnell sees pivot toward shorter-term loans

The firm expects rates to stay higher for longer, bringing more creative financing opportunities over the next 18 months and beyond.

Monroe Capital doubles down on Second Avenue stake

The Chicago manager is looking to expand its single-family rental portfolio with a second $250m investment in the specialist platform.

Steinbridge creates debt capital markets, capital raising role ahead of $1.3bn pipeline push 

The firm has hired Jay Dunn from RFR Realty to head up capital raising and debt capital markets as it looks to execute on a heavy multifamily and residential pipeline.

Lightstone launches $500m rescue capital platform

The New York-based manager will make investments in disrupted commercial real estate capital stacks.

Slate originates $60m bridge loan to complete Queens condo project

The New York-based manager is expected to close $300m in loans over the next 30 days as debt funding gaps and needs persist.

Northcap Partners increases debt fund target to $1bn

Florida-based manager looks to elevate $750 million fund to capitalize on private lending opportunities.

Inside Brookfield’s San Francisco multifamily expansion

The Toronto-based manager is looking at the city on a long-term basis.

PTM Partners tracks rising distress, identifies short-term construction financing niche

The attainable housing specialist is seeing a push toward asset management.