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Two-loan package for GCP will fund acquisitions in high-demand Inland Empire market.
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Transaction volumes will stay subdued until bank lending standards begin to ease.
Empty white chairs in a sand-colored medical office.
Bank sale mirrors similar moves by Capital One and Pacific Western Bank to add liquidity amid market stress.
The New York-based manager has had a record year of originations, closing more than $1bn of new loans over the past 12 months. 
CIM Group is responding to what it sees as an upswing in business and leisure travel as the US moves past the covid-19 pandemic.
A photograph of an industrial building in Southern California owned by Alere Property Group.
Alere to use funding to recap assets across Los Angeles, Orange County and the Inland Empire.
Skyline of Newark, New Jersey and its reflection on the water.
Lack of money center banks is creating more space for private credit lenders with multifamily, industrial and construction lending.
Skyline of Newark, New Jersey and its reflection on the water.
Cathy Marcus and Raimondo Amabile will become co-CEOs of the New Jersey-based manager in October.
The Dallas-based manager is still struggling with pricing on the properties which come across its desk. 
The Philadelphia-based investment management company is assembling a portfolio of class A offices. 
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