Construction

New York Life funds $191m North Carolina mixed-use development

The capital will be used by Hines, Affinius Capital and Columbia Development for master-planned community near Downtown Raleigh.

Pearlmark funds mezzanine component of super-tall mass timber construction loan 

Chicago-based manager was part of the capital stack for the construction financing on The Edison, a 378-unit, mass timber luxury apartment building in Milwaukee.

North Bridge, ACORE originate $161m loan for Las Vegas entertainment development

The financing for Fisher Brothers includes $108m of C-PACE capital.

The golden range

The benchmark 10-year Treasury needs to be reliably in a range of 4-4.5% for transaction activity to resume.

JVP, Hudson Bay originate $291m financing for mixed-use Miami project

Terra will use the permanent financing for the first phase of its Centro City development.

Cottonwood closes $284m bridge deal for Austin-area assets

The senior bridge financing will be used by Reger Holdings to recapitalize EastVillage and the Linden Residences.

Top 10: The most-read stories of 2024

PERE Credit’s most-read stories include forward-looking interviews with senior real estate executives detailing expansion plans and our annual ranking of real estate debt funds.

3650 Capital funds $74m Miami office construction loan

Sponsors Taubco and Landau Properties are planning to building a trophy office on Bay Harbor Island.

Scale funds $170m construction loan for Florida mixed-use project

The developer, Terra, will use the financing for the first phase of a $1bn mixed-use community in South Florida.

Pembrook gears up for bridge, construction vehicles

The firm sees a clear opportunity to expand its platform as banks scale back their commercial real estate lending platforms.