Anna-Marie Beal
The bank originated the five-year, floating-rate loan for New York manager Rose Valley Capital.
Advance Realty Investors and Greek Development are planning a series of projects that are slated for completion in 2023.
The city has seen many multifamily deals in recent months, but concerns remain around affordability.
The firm hired Ashleigh Simpson, who rejoins Grosvenor from MetLife Investment Management, to spearhead growth for the development financing platform.
Amid lingering uncertainty, the manager analyzes historic rates in an attempt to predict what is to come.
The New York-based manager believes lenders will be receptive to financing new deals and rehabs in the fast-growing sector.
Colliers arranged the financing on behalf of the borrower, North River Leerink.
The deal backs 3650’s forecast that there will be long-term demand for short-occupancy rental units in South Florida.
Los Angeles Callodine affiliate manager targets recession-resilient sectors including logistics and storage, but is also not afraid of steering away from the herd.
Ex-Cedar Realty Trust pro looks for new borrowing opportunities in urban and suburban underserved locales.