Capital Formation

Tishman Speyer lines up $166m development financing for Queens project

The affordable housing development’s financing is being led by New York State Homes and Community Renewal.

CDPQ’s Rana Ghorayeb talks balancing risk and reward

Caisse de dépôt et placement du Québec’s head of real estate sees balancing the needs of the pension’s stakeholders and partners as key to finding the right formula for its C$77bn real estate portfolio.

3650 Capital lines up $215m of fresh commitments from CalSTRS, Mubadala

The Miami-based firm will allocate the capital across its strategies, which include stable and transitional lending platforms.

Fidelis closes rare RTL securitization

The Cranford, New Jersey-based investment manager anticipates becoming a programmatic issuer of residential transition loan securitizations.

RMWC sets up flagship strategy via hybrid evergreen fund launch

CIO Steven Fischler says the firm is targeting a first close on April 1 as the firm bolsters its bridge and subordinate lending activity.

Blackstone lines up $8bn for final close of BREDS V

CalPERS backed the manager’s latest debt strategy with a $1.5bn commitment, while Illinois, New Mexico and Ohio institutional investment funds also contributed to the fundraise.

Bayport Funding gears toward $250m expansion

As part of the growth plans, the mid-market lender plans to broaden its scope across Texas.