Home Debt
debt
The capital will be used by Hines, Affinius Capital and Columbia Development for master-planned community near Downtown Raleigh.
Proposals to cut taxes and reduce regulations could be a near-term positive for commercial real estate, but many of the inaugurated president’s policies are expected to be inflationary.
The credit facility is the firm’s first and represents the next stage of growth for Alpaca.
Devastating Los Angeles wildfires this month have put the conversation around the cost and availability of insurance for commercial real estate into much greater focus.
The fund is the largest the firms have raised since kicking off the partnership.
The offering, and other debt deals completed via TASE, allowed Moinian Group to expand its debt and equity platforms.
The 10-year Treasury last week hit its highest level since April, rising to 4.7 percent on January 8.
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.
Terra will use the permanent financing for the first phase of its Centro City development.