The pair will combine senior and C-PACE financing to supercharge sustainable real estate developments and existing assets.
Alternative lenders are backing the city's luxury condo boom.
The manager is targeting growth opportunities amid CMBS market dislocation.
The funding will be used to refinance the Ritz-Carlton Dallas following renovation work.
Puente Hills Mall, a roughly 56-acre mall in the City of Industry, California which is best known as a filming location in Hollywood blockbuster Back to the Future, is set to undergo a major redevelopment.
In a newly published white paper, the New York-based advisory company cites the costs of scaling lending platforms, the impact of more complex capital structures, and a rise in specially serviced loans.
The fund will focus on providing gap financing to borrowers in the multifamily sector.
Andrew Smith will focus on expanding the Florida manager’s credit platform as it plans fund launch.
In this podcast, MSCI’s Jim Costello and Northwind’s Ran Eliasaf discuss softer headwinds for the office sector as well as the opportunity to lend on high-quality assets and perform office-to-residential conversion programs.
Timothy Sloan, head of commercial real estate debt at Fortress Investment Group, says the firm sees the strongest long-term outlook for senior loans. But in today’s market, its history as a distressed investor will still be critical.