Construction

Lendlease, Aware Super secure $360m construction financing

A four-bank syndicate arranged the loan for an 834-unit Brooklyn development.

Square Mile originates $185m to refinance Moinian’s Miami multifamily asset

Loan will pay off construction debt on a Class A building inside Miami Worldcenter.

3650 REIT originates $76.5m Florida multifamily construction loan 

The financing was arranged on behalf of Royal Palm Companies, with a loan term of 36 months.

Will the Inland Empire keep going strong?

Economic volatility is boding well for the strongest stateside industrial corridor in and beyond Southern California.

PNC, Goldman Sachs, Basis fund $317m financing package for New Jersey development

The financing will be used to launch development of a transit-oriented project in East Orange.

Real Estate Capital USA Awards 2022: Submit your nomination today

Nominations close on December 12 at midnight for Real Estate Capital USA’s second annual awards.

Borrower profile: Jones Street eyes loan assumptions as lending market stalls 

Despite the slowdown in the lending market, the firm this month obtained a $36m loan for a Maine multifamily development.

Borrower view: Douglaston navigates challenging financing, development market

The developer is seeing the impact of the expiration of the 421a tax abatement program.

New York office owners brace for difficult refinancing enviornment

It is getting harder for New York’s mid-market office owners with maturing debt to line up new loans.

Berkshire Residential hires BlackRock executive 

The firm is hoping to expand its equity business after a strong 2021 in which it closed more than $4.5bn across three strategies.