Manager raises its largest-ever fund, which will focus on asset-based investments.
The firms are targeting $200m for deployment with a heavy focus on subordinate multifamily and real estate loans.
The most significant commercial property financing transactions across US debt markets, collected in our data snapshot, updated every Tuesday.
The fund has a meaningful allocation to alternative sectors, Jon Lindell, executive vice-president, tells PERE Credit.
After a period of muted originations, mortgage REITs are jumping back into the fray.
The Federal Reserve’s decision to keep the target rate at 4.25-4.5% could keep a lid on commercial real estate prices.
The Class A property, part of a larger portfolio, is now wholly-owned, debt-free.
Oaktree Capital Management will use the funds to retroactively finance work on the 444 South Flower Street tower.
The differential between the 10-year Treasury yield and SOFR have made shorter-term loans a more palatable option for borrowers.
The firm’s chief economist Ryan Severino says retail will exceed investor expectations.