Senior Debt

Mavik, Madison Realty team up for $56m acquisition finance package

New York-based Mavik funded a $12m preferred equity loan for the acquisition of a suburban Minneapolis industrial property.

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.

Blue Owl nears $1bn raised across real estate and data center credit strategies

The New York-based manager noted it is drawing closer to $1.5bn targets set for the first vintage in each series during its Q2 earnings results.

AllianceBernstein funds $137.5m refi for Brooklyn mixed-use tower

The Nashville-based manager extends its Northeast US lending streak, which has largely bulked multifamily and industrial sector exposure year-to-date.

Industrial outdoor storage moves toward the institutional inner circle

Private real estate credit managers seeking to diversify their investments in alternative sectors are primed for more in the industrial sub-category.

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.

Nomura Securities goes solo on $719m SASB CMBS origination 

Nomura’s US commercial real estate platform launched its biggest SASB CMBS transaction to date.

Lenders take creative tacks to scale $875bn US multifamily maturity wall 

Sponsors need to close the door on a wave of 2021-vintage, floating-rate loans that are approaching or have reached their final maturity.

Exclusive: Slate closes $1bn SMA to expand senior lending platform

The New York-based manager is adding competitive lending depth atop its flagship platform and has more capital-raising efforts in the works.