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Chicago-based manager was part of the capital stack for the construction financing on The Edison, a 378-unit, mass timber luxury apartment building in Milwaukee.
The financing for Fisher Brothers includes $108m of C-PACE capital.
The benchmark 10-year Treasury needs to be reliably in a range of 4-4.5% for transaction activity to resume.
Terra will use the permanent financing for the first phase of its Centro City development.
The senior bridge financing will be used by Reger Holdings to recapitalize EastVillage and the Linden Residences.
PERE Credit’s most-read stories include forward-looking interviews with senior real estate executives detailing expansion plans and our annual ranking of real estate debt funds.
Sponsors Taubco and Landau Properties are planning to building a trophy office on Bay Harbor Island.
The developer, Terra, will use the financing for the first phase of a $1bn mixed-use community in South Florida.
The firm sees a clear opportunity to expand its platform as banks scale back their commercial real estate lending platforms.
The project, being developed by Ascendant Capital Partners, is in the city’s West Village submarket.