Opportunistic

Lenders, take heed of the data center backlash

Social and political opposition is a growing risk to all stakeholders in the rapidly growing sector.

New opportunity funds show changing definition for today’s distress

Private real estate lenders are set to be part of the solution to today’s version of distress.

Ares sees strong fundraising momentum with $2.8bn in debt commitments

The New York-based manager also is raising a targeted $1.5bn US and European real estate debt fund.

Office lending has a fresh lease on life in San Francisco

The city was hit hard by the covid-19 pandemic but is rebounding as occupancy and origination conviction is restored.

Urban Investment closes $116m construction loan for Syracuse resi overhaul

The funding is part of a $269m recapitalization for BFC and SAA Canopy’s planned 393-unit rebuild of Parkside Commons.

Boston Retirement System seeks to make new real estate credit commitments

The $8.9bn pension aims to commit $15m-$30m to real estate credit in 2026.

Liquid debt markets are fueling real estate recovery, Hines’ Scoville says

Josh Scoville, global head of research at the Houston-based manager, sees a more resilient outlook for the sector.

X-Caliber, CastleGreen close $430.9m redevelopment financing for Hawaii hotel

The managers will be using a blend of senior debt and C-PACE capital to revitalize Reef Capital Partners’ 32-acre Coco Palms Resort in Kuaui.

S3 Capital continues debt expansion with close of $203m in construction loans

The New York-based lender originated its first office-to-residential conversion financing alongside a mixed-use condominium and hotel development deal.

Private real estate credit is rewriting the hotel redevelopment playbook

The revitalization of dated hospitality assets has found renewed life and capital from debt fund managers.