construction

The funding was arranged by Lone Star PACE and will be used to develop data centers in the Texas city.

Slate’s financing arm has focused on development and construction completion investments year to date.

PERE Credit’s inaugural Borrowing Barometer survey is designed to take the pulse of the US real estate financing market from those that use debt or raise it on behalf of those that use it.

The loan will be used by DECA and Wildcat joint venture to build Perris Gateway.

Speaking at the Federal Reserve’s annual 2024 Jackson Hole conference, chairman Jerome Powell delivered the news that the US central bank could cut rates at its September meeting.

The financing for Zeckendorf, Atlas and Baupost will fund the construction of the luxury 80 Clarkson development.

The Toronto-based manager has formed a partnership with Declaration Partners to fund preferred equity investments. 

The Miami investment manager has a $1.2bn pipeline of lending deals on which it will execute over the next two years.

The firm, the debt financing arm of Slate Property Group, will target loans of more than $50m.

The ongoing banking pullback is the building blocks for this activity, said Alan Purser, global head of capital formation.