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The partnership will allow the Los Angeles-based lender to expand its lending and fundraising platforms.
The company has found that debt funds are providing more proceeds and better pricing.
A return to work could lead to a new lease on life for these properties.
The mortgage REIT is building out full-service lending platform.
Debt funds are seeing activity boom compared with banks and other lenders as transaction volume and complexity rise.
Torchlight, Berkshire Residential Investments and Rialto Capital all saw major fund closes during the period.
The Brava, a 46-story multifamily building under construction in the city's central business district, is expected to come to market in 2022.
The firm will retain servicing rights on the financing, which is part of a $108m financing package.
The latest report by Bayes Business School reveals loan origination reached £23.3bn in the first six months of 2021 as lenders tackled a deals backlog.
The New York-based real estate private equity fund manager has had an active fourth quarter, completing more than $1.2bn of loans across 31 deals.