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A factor to consider when looking at the US multifamily market is an eventual decline in interest rates.
The New York-based lender is funding the construction of a new 477-unit, Class A rental building with ground-floor retail.
The sponsors passed another milestone after acquiring the landmark hotel in a record transaction.
The Minneapolis-based manager originated the funding for a joint venture between Metro Storage and Fremont Realty Capital.
The co-architect of the Toronto-based manager’s real estate credit platform, Andrea Balkan, is departing after 22 years with the firm.
Barings is taking a measured approach as the commercial real estate market takes the first steps toward a recovery.
The firm hired Needham Point Capital co-founders Jeremy Burton and Tristine Lim to lead Blue Light Credit.
The firm is delving into the role public and private strategies play in institutional investor portfolios.
The financing replaces an $85m acquisition loan originated in 2022 on an ultra-luxury condominium development in the Miami area.
Although originations are substantially below pre-pandemic levels, the market could be nearing a bottom.