debt

Timothy Sloan, head of commercial real estate debt at Fortress Investment Group, says the firm sees the strongest long-term outlook for senior loans. But in today’s market, its history as a distressed investor will still be critical.

Lenders are willing to originate office loans, but only for the buyers of a specific profile of workplace.

The funding will be used as part of an $180m deal to buy a 1,326-unit portfolio in New York City.

The Miami-based national real estate lender also brought on an undisclosed wealth advisory firm in its first commitment of this kind.

The funding was arranged by Lone Star PACE and will be used to develop data centers in the Texas city.

The funding will be used by Gencom as part of a $308m deal to buy the Thompson Central Park New York hotel.

The Chicago-based firm joins a growing list of managers targeting distress.

The Federal Reserve’s decision to cut interest rates by 50 basis points is not expected to have a significant impact on commercial real estate lending and borrowing.

The private equity manager is taking a minority stake in North Bridge as part of the deal.

Slate’s financing arm has focused on development and construction completion investments year to date.