Construction

Madison Realty, Kushner JV fund $525m condo construction loan

Sponsors Charney Companies and Tavros are set to build a 55-story skyscraper in New York’s Long Island City submarket.

Roundtable: Solving for volatility in commercial real estate debt

Alternative lenders were ready for a market reboot. What they got instead was a return of disruption.

JPMorgan closes $7.1bn financing for Texas data center mega-project

The bank is all-in on the project backed by a joint venture including Blue Owl Capital, Primary Digital Infrastructure and Crusoe.

Nuveen Green Capital closes $27m C-PACE financing for Wisconsin resort

The capital will be paired with a $41.1m senior loan from Hall Structured Finance to develop Uphoff Ventures’ 208-room Dellshire Resort.

S3 Capital closes $112m South Florida condo development loan

The funding will be used to build the final component of a community in Hallandale Beach, Florida, focused on residential, retail and dining.

Kennedy Wilson, Pearlmark close $195m financing for DC development

The funding will be used by Republic Properties to add a multifamily asset to the existing Portals mixed-use development south of the National Mall.

Madison Realty, BH3 fund $135m Brooklyn condo development package

Charney Companies will use the debt to build a 45-story, 182-unit tower at 95 Rockwell Place in the Fort Greene submarket.

Silver Point-led JV finances $174.5m Brooklyn multifamily development

The senior and mezzanine debt will be used by Tavros Capital and Charney Companies to acquire and pre-develop a 1,000-unit project in the Gowanus neighborhood.