Randy Plavajka
PacWest attempts to add liquidity as regional banking turmoil persists.
The Los Angeles-based manager is targeting $3bn for its Real Estate Debt Fund IV.
JLL arranged the financing for Five Star Development to finish the $2bn project development.
The Federal Deposit Investment Corp seized the bank and sold control of it to JPMorgan on May 1.
MetLife, PacLife and Bank ABC were also part of the syndicate for the SL Green-owned property.
The New York-based lender has added exposure in Honolulu’s Ala Moana submarket with one of the largest deals signed so far in 2023.
Berkadia on tap as originator as California manager targets mixed income and other affordable housing asset types.
CEO Mukang Cho says the firm will target structured debt investments in the office sector.
Invesco's Charlie Rose talks about why the niche is drawing more attention in the current market.
Lenders are diving deeper into an emerging niche in the industrial sector and aiming for additional diversification by chasing more industrial outdoor storage opportunities.
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