Randy Plavajka
Evergreen has raised $1bn in capital commitments following initial seed and involvement from Prosperity Asset Management.
The Newark-based manager has been refinancing sizable portfolios and tacking on more concentrated one-off deals to fuel momentum.
The transaction is a record for the Nuveen affiliate and will be used to recapitalize a Class A office building in San Jose.
The New York-based manager has tapped veteran lender Steven Schwartz to head up its real estate credit platform.
The $76.2m package will refinance a luxury hotel in Santa Fe, New Mexico.
The Charlotte-based manager has expanded his focus from US to global client portfolio management.
The manager could allocate up to approximately 25% of its sixth opportunistic fund toward real estate opportunities.
The pair will combine senior and C-PACE financing to supercharge sustainable real estate developments and existing assets.
The funding will be used to refinance the Ritz-Carlton Dallas following renovation work.
Puente Hills Mall, a roughly 56-acre mall in the City of Industry, California which is best known as a filming location in Hollywood blockbuster Back to the Future, is set to undergo a major redevelopment.