Anna-Marie Beal

The firm raised approximately $1.2bn for CRED III, which is already over 40% deployed.

The New York-based REIT receives capital commitment from an undisclosed Canadian institutional investor.

Managers are looking at the historically underallocated investor group as they seek to expand their platforms.

As banks are pulling back, debt funds are helping sponsors bridge the gap to the next cycle.

The bridge loan was secured by California resi developer AMCAL Equities.

The New York lender specializes in long-term credit tenant lease loans.

The New York-based pension is increasing its allocation from $1.1bn to $1.3bn.

The US family office is hopeful that transaction activity will pick up in a lower rate environment.

The fund will focus on providing gap financing to borrowers in the multifamily sector.

The Fed’s recent rate cut is not expected to significantly move the needle for commercial real estate lenders and borrowers, but provides and indicator of stability.