Construction

Construction lending finds a footing in multifamily

As new supply slows, private real estate lenders are adopting targeted ways to fund multifamily construction.

Bank OZK funds $132.5m construction loan for Coral Gables residential project

The Allen Morris Company has secured a total of $27m of construction debt for its 57-unit Ponce Park condominium development in the past two months.

Clearwater adds senior credit specialist to scale C-PACE platform

The firm has hired Lisa Nordel as a managing director to bolster its underwriting, portfolio construction and institutional partnerships.

Bayview taps into Florida C-PACE momentum with $200m financing

The funding will be used alongside equity and EB-5 capital for Okan Group-backed development of a 72-story mixed-use tower.

Trump’s proposal to ban institutional SFR investments misses the mark for US housing

A lack of supply, not institutional ownership, is driving high home prices.

Nuveen Green Capital closes $124.2m C-PACE deal for Miami multifamily development

The funding will be used by Rilea Group alongside a $25m senior loan from ABANCA USA to build the 300-unit Mohawk at Wynwood.

Related, Oxford secure $1.6bn development financing for Hudson Yards tower

The office development will serve as Deloitte’s US headquarters and is being financed by Wells Fargo, Bank of America and Standard Chartered.

Apollo, Tyko, JPMorgan close $778.6m loan for Intervest-backed office-to-resi deal

The debt will be used alongside an $88.4m C-PACE component to convert the vacant asset into a 30-story, 1,568-unit tower.

Small bay industrial emerges as sector hedge

Lenders are gravitating toward properties where limited supply and resilient rent growth continue to drive strong credit opportunities.