Samantha Rowan
A drop in transaction volume has softened commercial real estate debt recruitment efforts.
Harbor Group finances needed New York medical space.
More equity players are looking at short-term credit opportunities.
The largest offerings include the $1.5bn Bridge Debt Strategies Fund IV and the $1.75bn Madison Realty Capital Debt IV.
The pension fund made 10 commitments totaling $1.28bn to the sector from 2017 through the third quarter 2022
The financing was arranged by Lotus Capital Partners on behalf of a joint venture between Gencom and Mohari Hospitality.
The manager has made several hires and promotions to more effectively tackle opportunities in the workforce housing and structured credit markets.
Nominations close on December 12 at midnight for Real Estate Capital USA’s second annual awards.
Barings is providing $75m in mezzanine financing for the development of 470 Kent Street.
Despite the slowdown in the lending market, the firm this month obtained a $36m loan for a Maine multifamily development.