Construction

JPMorgan funds $430m Miami Beach hotel construction loan via Lotus Capital

Lotus, a New York-based advisory, arranged the loan on behalf of Monroe Capital and Witkoff Group.

Banc of California deal for PacWest seen as stabilizing CRE force

Prior to the acquisition, PacWest sold several commercial real estate loan portfolios and saw the departure of its property team.

Slate expands Jersey City presence via $219m bridge financings

New York manager originated $160m and $59m loans for multifamily properties in Jersey City.

JPMorgan, Canyon co-originate $193m loan for Queens studio project

New York City industrial development agency tax incentives rounded out the financing on East End Studios campus.

PacWest commercial real estate team leaves for Kennedy Wilson

Former PacWest division will focus on non-recourse bridge and construction financing following move.

Apollo funds $114m construction financing for New York residential development 

Sponsor Aurora Capital Associates is developing the West Village condominium build.

Thorofare Capital tilts toward alternatives, building sponsor relationships

Head of originations says larger ticket loans on deck for Los Angeles debt manager.

Hudson Realty to scale HUD lending program amid capital market turmoil

The firm is looking to offer more HUD loans as an alternative to borrowers in today’s capital-constrained market.

M&T Bank-led consortium funds $425m loan for Long Island City residential tower

Greystone-arranged financing will help build submarket’s tallest multifamily asset.

Property Markets Group lines up $800m of construction financings via JLL

The financings will be used for projects in Miami and Brooklyn.