Lending

Kriss Capital originates $185m loan for Midtown condo financing

The JLL-arranged deal will retire existing debt for Navigation Capital Partners ahead of sales efforts.

Scale Lending originates $150m construction completion loan for Bronx project

The Slate Property Group lending arm has ramped up construction completion lending with increased demand for development capital.

Speedway Commerce Center races toward development

CBRE Investment Management and Hillwood Partners plan to redevelop a land parcel adjacent to the Auto Club Speedway in California’s Inland Empire into an industrial mega-development.

Loan spreads tighten as a picture around stability emerges

Spreads on newly originated loans were modestly tighter, according to data from Cushman & Wakefield.

Lending Barometer: Multifamily sector sees large-ticket construction deals

The multifamily sector took 42 percent of the total loan volume, according to deals tracked by Real Estate Capital USA’s Lending Barometer.

KLOC Index: KBRA Credit Profile tracks rise in loans of concern in January

The index was at 21.18% in January compared with 21.07% in both December and November 2023.

Slate identifies growing construction completion niche

Slate Property Group in March originated a roughly $60m loan to reignite a stalled multifamily development in the Astoria neighborhood of Queens, New York.