Home Authors Posts by Randy Plavajka

Randy Plavajka

PGIM Real Estate wants to further scale its lending platform. But the firm does not want to be all things to all borrowers.
Owl against blue sky
The New York-based alternative investment manager picks up more real estate debt and equity capabilities as part of $450m deal. 
The Minneapolis-based manager originated the funding for a joint venture between Metro Storage and Fremont Realty Capital.
New York skyline
The co-architect of the Toronto-based manager’s real estate credit platform, Andrea Balkan, is departing after 22 years with the firm.
Michael Tepedino, founder and managing partner at Blue Light Capital
The firm hired Needham Point Capital co-founders Jeremy Burton and Tristine Lim to lead Blue Light Credit.
BXMT borrowers will be able to use agency financing through M&T’s Fannie Mae and Freddie Mac platforms.
The proposals' implementation is expected to prompt a major expansion in private credit providers’ lending platforms.
Laura Parrott and Joe Pursley of Nuveen
The New York-based manager has raised $1.3 billion for C-PACE lending series over the past 12 months, backed by appetite from insurance companies.
Jim Garman, global head of real estate at Goldman Sachs Alternatives.
The alternative management arm’s largest-ever fundraise arrives at a critical time for private credit and bank lenders in the real estate market.
The Clarendon multifamily apartment complex in Woodland Hills, California.
The bridge loan was arranged by Gortikov Capital and will be used by AMCAL to recapitalize a Woodland Hills, California, property.
pcredit
pcredit

Copyright PEI Media

Not for publication, email or dissemination