Randy Plavajka
-80x80.jpg "Fortress acquires $1bn office loan portfolio from Capital One")
Private credit manager picks up substantial exposure to New York City offices in the deal.
A liquidity-constrained environment has not slowed down well-capitalized managers.
The 569-unit project adds to development momentum fueled by private credit lenders.
Six insurance firms allocated $525m to finance energy efficiency and sustainability projects.
The index stood at 19.12% in May, compared to 18.09% in March.
Joint venture between Canyon Partners Real Estate, Charney and Tavros contributes $64.4bn of equity to fund the deal.
Criterion Group and Columbia Pacific Advisors will use the funding for a portfolio of last-mile logistics centers across 9 states.
US bank lenders will face stricter capital requirements with proposed regulatory changes.
June saw Calvert Impact and PACE Equity launch Cut Carbon Notes, a finance program that is open to both institutional and retail investors.
The 30-story office tower at 55 Broad Street will be redeveloped into a 571-unit luxury apartment building.