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Berkadia on tap as originator as California manager targets mixed income and other affordable housing asset types.
Blackstone's president and chief operating officer considers real estate debt to be ‘an area of growth' for the firm.
The discounted sale of the class A Los Angeles tower sheds some light on where values are today but does not consider a more normalized working environment.
The industry veteran is joining the New York-based credit shop as it closes its first institutional private fund.
CEO Mukang Cho says the firm will target structured debt investments in the office sector.
Invesco's Charlie Rose talks about why the niche is drawing more attention in the current market.
Lenders are diving deeper into an emerging niche in the industrial sector and aiming for additional diversification by chasing more industrial outdoor storage opportunities.
The financing was originated on behalf of Encinitas, California-based manager, Robert Green Company.
The firm's global co-head of real estate says having $30bn of equity to deploy, at a time when debt is harder to get, is a ‘valuable asset.’
The manager has worked with third-party advisers to devise a sustainable lending framework.