Samantha Rowan
The Austin-based C-PACE provider, which was acquired in January by Athene Holdings, is seeing more owners looking to upgrade their properties to address sustainability or resiliency issues.
Major closings in the first quarter included a roughly $2bn offering from Madison Realty Capital and an undisclosed fund from Silverstein Properties, Silverstein Capital Partners Fund.
Parkview Financial funded a $207m loan to acquire and redevelop the property.
Langdon Park Capital, a Los Angeles-based manager, is seeing more lender interest in its core strategy: preserving affordable and workforce housing in majority minority US communities.
The move comes as commercial real estate debt investments are moving toward the mainstream.
Alternative lenders are growing their assets under management – and looking at ways to green the lending process.
A closer look at the ranking – by firm headquarters, distribution of total capital raised within the ranking, and how it compares with our affiliate title PERE’s RED 50 ranking of global real estate debt fundraising.
The manager just completed the sale of a fully leased, 1.1 million square foot warehouse portfolio in North Las Vegas.
The firm sees a gap in financing for diverse, mid-market managers.
While the firm uses outside data sources in addition to its own portfolio, being able to look at its assets has helped to manage risks.