Alternative Lenders

Bain, Smith Hill fund $235m refinance of Montauk resort

The funding will be used by BLDG and Metrovest for a Class A resort on Long Island.

Turmoil, tariffs not seen derailing potential recovery

Debt fund managers remain active, albeit cautious, as the Trump administration has this week implemented and rescinded tariffs on nearly all US trading partners.

PERE Credit Alternative Lending Barometer 2025 – Last Chance To Participate

The results and analysis of this research will feature in a report on the alternative lender market in PERE Credit’s June issue.

Bayview lines up $135.5m C-PACE-backed securitization

The transaction is expected to close April 9 and is a positive notch toward further institutionalization for the niche financing category.

Affinius closes $215m construction financing for Manhattan multifamily tower

The project’s capital stack also includes a senior loan from Kennedy Wilson and junior mezzanine financing from InterVest Capital Partners.

Benefit Street Partners closes $223.8m of loans to extend financing streak

The firm has been active as a senior and mezzanine lender and worked in both capacities to back Pearlstone Partners’ development of an Austin condominium project.

Capital watch: Fundraising spikes in January and February after a slow 2024

Berkshire Residential notched the largest capital raise for the first two months of the year, with $1.9bn for Berkshire Bridge Loan Investors III.

Affinius, Siguler Guff originate $212m refi for Boston multifamily complex

The borrower is a joint venture between Blue Vista and Cabot, Cabot & Forbes, owners of a Class A property in the Brighton submarket.