Home Debt
debt
The Newark-based manager has been refinancing sizable portfolios and tacking on more concentrated one-off deals to fuel momentum.
The most significant commercial property financing transactions across US debt markets, collected in our data snapshot, updated every Tuesday.
The median real estate manager could beat private equity returns by 20 basis points over the next decade, he said at PERE Network’s America Forum.
The London-based investment management company is seeking a cornerstone investor for its US-focused lending venture with Quadrant Real Estate.
The firm anticipates another capital closing before year-end and then a final close late in the first quarter.
The New York-based investment manager originated the financing for an affiliate of Raven Capital Management.
The transaction is a record for the Nuveen affiliate and will be used to recapitalize a Class A office building in San Jose.
The partners see potential to originate loans on high-quality office properties around the US.
The New York-based manager has tapped veteran lender Steven Schwartz to head up its real estate credit platform.
The New York-based pension is increasing its allocation from $1.1bn to $1.3bn.