Randy Plavajka
Lack of money center banks is creating more space for private credit lenders with multifamily, industrial and construction lending.
Agency outlined parameters for prospective buyers across 14 pools of $33.2bn loan book.
Cathy Marcus and Raimondo Amabile will become co-CEOs of the New Jersey-based manager in October.
The firm is launching the deal at a time when segments of the retail sector are showing signs of resilience.
-80x80.jpg "Fortress acquires $1bn office loan portfolio from Capital One")
Private credit manager picks up substantial exposure to New York City offices in the deal.
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.