Alternative Lenders

Waterton closes $1.7bn multifamily fund with credit angle

The Chicago-based firm joins a growing list of managers targeting distress.

Carlyle joins forces with North Bridge for $1bn C-PACE initiative

The private equity manager is taking a minority stake in North Bridge as part of the deal.

Scale originates $135m construction loan for Bronx multifamily asset

Slate’s financing arm has focused on development and construction completion investments year to date.

Analysis: Hersha privatization, lower rates foreshadow rise in REIT M&A activity 

An expected 25-basis point rate cut at the Federal Reserve’s next meeting will be pivotal as private equity funds seek to deploy dry powder.

Madison Realty closes debt fund at $2bn

The New York-based investment manager will buy whole loans and performing- and non-performing notes, and provide additional financing through the fund.

KKR identifies potential $300bn credit gap as banks scale back lending 

Alternative lenders and the commercial mortgage-backed securities market could help plug the gap, per a report released this week.

BGO, Synergy secure extension for $375m Boston office loan

The duo extend debt for four years on the office asset amid sector volatility.

Pender funds $64m loan duo to boost multifamily, office exposure

The firm is targeting more RIA and family office allocations to continue investment momentum.

BKM Capital: Industrial assets escape interest rate scourge

While prices and the availability of financing have fallen as interest rates remain high, the industrial sector is on a different trajectory, BKM Capital Partners said in a white paper released this week.