The New York-based investment management firm exceeds its initial target of $515m.
3 min read · 23 December 2025
The debt will be used alongside an $88.4m C-PACE component to convert the vacant asset into a 30-story, 1,568-unit tower.
2 min read · 23 December 2025
The vehicle’s $2.6bn final close came months before Brookfield agreed to buy the Los Angeles-based manager’s outstanding shares.
3 min read · 22 December 2025
The mixed-use development at 205 Montague Street will be built on the site of the former Brooklyn Dodgers headquarters.
2 min read · 19 December 2025
The fund’s loans can be non-recourse up to 65 percent, will be held on balance sheet.
3 min read · 19 December 2025
The Charleston-based manager’s latest credit opportunities strategy will function as a junior capital partner for the Nashville-based bank’s bridge loan pipeline.
2 min read · 18 December 2025
The Federal Reserve lowered interest rates three times in 2025, but the market would benefit more from a meaningful decline in 10-year Treasury yields in the coming year.
2 min read · 18 December 2025
The loan represents the sixth partnership between the two lenders.
3 min read · 18 December 2025
In this final edition of Term Sheet for 2025, the key themes of the year are examined in the latest edition of The PERE Podcast; Middle Eastern sovereign wealth fund Mubadala forms a global real estate debt joint venture with Barings; Blackstone participates in the European CMBS market for the first time as a lender; and more in today’s briefing, exclusively for our valued subscribers.
6 min read · 17 December 2025