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The firm originated a $57m cash-neutral refinancing loan earlier this month for a Charlotte apartment property. 
An illustration of a growth chart with gold coins depicting bars that are growing.
Dallas manager finding better debt opportunities compared to equity deals at present. 
Taconic provided a mezzanine loan on the class A property.
Women represent a substantial percentage of private real estate professionals, but men have a monopoly on the role of the entrepreneur.
Development
The firm is looking to offer more HUD loans as an alternative to borrowers in today’s capital-constrained market.
The firm is targeting preferred equity and mezzanine debt deals of $2m to $10m. 
Rackind: expected to depart within one month
Global real estate boss Robert Rackind will be departing the Swiss bank within a month following its merger with UBS.
Commercial real estate sponsors and lenders are looking at the language around transitioning derivatives contracts tied to the benchmark.
A key driver of activity in the multifamily sector is support from Fannie Mae and Freddie Mac for stabilized and pre-stabilized assets.
Carlos Slim’s Banco Inbursa funded the senior mortgage.
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