Shihao Feng
The nonprofit finance company aims to fund affordable housing by providing financing and training to help minority-owned real estate developers expand.
Monday Properties and Pacific Elm Properties this week also lined up financing for high-quality office assets.
Though industry adoption is in its early stages, more managers are moving to embed AI into their business strategies.
Toronto-based Brookfield acquired the San Francisco properties via a foreclosure.
The multifamily sector took 42 percent of the total loan volume, according to deals tracked by Real Estate Capital USA’s Lending Barometer.
The London-based manager appoints another industry veteran for its US operations.
American South Fund Management lined up a $50m commitment to expand its real estate impact investment for attainable housing.
Opportunities in dislocation and capital being deployed into structured investments were among key themes for this year's award winners.
Higher interest rates continued to stall the US commercial real estate market in 2023, but alternative lenders and their investors are hopeful that opportunity will knock in 2024.
The interest rate outlook is still critical to the recovery of commercial real estate.