Samantha Rowan
The Santa Monica, California-based company received a commitment from London-based investment manager Triple Point that will allow it to significantly scale its business.
When there is a dearth of capital for a sector, that could signal a time to look at the asset class more closely, said Peter Gordon, head of US commercial real estate debt.
The financing, which comprises a construction loan and C-PACE financing, will be used to develop the second phase of a mixed-use project in Darien, Connecticut.
Amit Rustgi, who joins from PIMCO, will focus on credit opportunities across sectors.
A factor to consider when looking at the US multifamily market is an eventual decline in interest rates.
The New York-based lender is funding the construction of a new 477-unit, Class A rental building with ground-floor retail.
Barings is taking a measured approach as the commercial real estate market takes the first steps toward a recovery.
The firm is delving into the role public and private strategies play in institutional investor portfolios.
Robert Neighoff, a portfolio manager at Mariner Investment Group, is tracking opportunity in new issue conduit and SASB paper.
The financing replaces an $85m acquisition loan originated in 2022 on an ultra-luxury condominium development in the Miami area.