Randy Plavajka
A liquidity-constrained environment has not slowed down well-capitalized managers.
The 569-unit project adds to development momentum fueled by private credit lenders.
Six insurance firms allocated $525m to finance energy efficiency and sustainability projects.
The index stood at 19.12% in May, compared to 18.09% in March.
Joint venture between Canyon Partners Real Estate, Charney and Tavros contributes $64.4bn of equity to fund the deal.
Criterion Group and Columbia Pacific Advisors will use the funding for a portfolio of last-mile logistics centers across 9 states.
US bank lenders will face stricter capital requirements with proposed regulatory changes.
June saw Calvert Impact and PACE Equity launch Cut Carbon Notes, a finance program that is open to both institutional and retail investors.
The 30-story office tower at 55 Broad Street will be redeveloped into a 571-unit luxury apartment building.
The national and regional banks that were once the stalwarts of the commercial real estate lending market are curtailing their activity, opening the door for alternative lenders to build new borrower relationships.