CMBS

Winthrop Place capital stack reflects rising C-PACE use case

Nuveen Green Capital, Morgan Stanley and Barclays provided $856m in financing for the Boston mixed-use development.

JLL’s potential exit puts pressure on Chicago’s Aon Center

A $536m loan on the property is in special servicing.

Inaugural US data center financing report tracks $1.3trn debt load

The report by Atrium identifies the growing role of private credit in the sector.

Nomura Securities goes solo on $719m SASB CMBS origination 

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

Barings, North Carolina pension expand partnership with $2.1bn commitment

The Charlotte-based manager has been making a broader push to expand its US and global real estate platforms via public pension funds and other investors.

Wells Fargo, JPMorgan to originate $950m logistics CMBS

A joint venture between Blackstone, GIC and LBA landed the refinancing for a 41-property logistics portfolio.

Rithm Capital lands $515m refi for Manhattan office tower

Real estate private credit lenders helped complete the capital stack, which comprises a $415m CMBS loan, a $40m B-note and a $60m mezzanine loan, according to Newmark.

Downgrades hit CMBS deal tied to troubled Paris office property

Credit rating agency KBRA took the action following the latest valuation of the asset.

More data will help spur Europe’s real estate lending market

The region’s institutional equity markets are reasonably transparent. The private debt markets must follow suit.

What private real estate lenders can learn from David Bowie

This week’s CRE Finance Council conference in New York used the music of the legendary rocker to put today’s market into context.