Construction

Tristan funds its largest-ever loan as it deploys from its second credit vehicle

The £340m loan on EDGE London Bridge is the UK manager’s largest since establishing its debt platform in 2021.

Minimal lender impact seen after instability issues at Pfizer office conversion

Madison Realty Capital originated a $720 million senior loan to finance Metro Loft and David Werner’s residential conversion of the New York office building.

Maxim Capital funds $300m loan for New York residential development

The sponsors, Grubb Properties and Pink Stone Capital, lined up another $77m in mezzanine financing from a group of lenders.

Firma funds £113m loan for London office-to-student living project

The scheme will result in a £300m student housing development to be completed in Q3 2027.

X-Caliber, CastleGreen close $430.9m redevelopment financing for Hawaii hotel

The managers will be using a blend of senior debt and C-PACE capital to revitalize Reef Capital Partners’ 32-acre Coco Palms Resort in Kuaui.

S3 Capital continues debt expansion with close of $203m in construction loans

The New York-based lender originated its first office-to-residential conversion financing alongside a mixed-use condominium and hotel development deal.

Madison Realty funds $375m loan for Jersey City mixed-use tower construction

The New York-based manager has tracked nearly $1.03bn in originations over the past two weeks across hotel, multifamily and office-to-residential deals.

KRE Capital Management debuts with $425m fund and $1bn-plus lending capacity

The Klirmark Capital-partnered platform will focus on US construction and bridge loans across the multifamily and for-sale residential sectors.

Madison Realty funds $480m loan for Manhattan office-to-resi project

The firm is adding to its New York City conversion tally with 1740 Broadway’s reconfiguration into a 420-unit residential offering.