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A sector short on supply is opportunity-rich for unconstrained lenders in tandem with GSEs.
Subordinate debt opportunities, construction loans command renewed attention at CREFC’s Miami conference.
JPMorgan, Truist, UBS remain active on originations during winter holiday season.
GFP Real Estate, Metro Loft Management and Rockwood Capital are set to buy the 22-story, 1.1 million-square-foot office at 25 Water Street.
The financing is one of the final deals of 2022 for Square Mile, a New York-based investment manager.
A four-bank syndicate arranged the loan for an 834-unit Brooklyn development.
Loan will pay off construction debt on a Class A building inside Miami Worldcenter.
The financing was arranged on behalf of Royal Palm Companies, with a loan term of 36 months.
Economic volatility is boding well for the strongest stateside industrial corridor in and beyond Southern California.
The financing will be used to launch development of a transit-oriented project in East Orange.