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A rendering of the Perris Gateway industrial project in Perris, California.
The loan will be used by DECA and Wildcat joint venture to build Perris Gateway.
The Miami-based alternative lender anticipates a rise in distressed transactions – but in a way that is very different than in past cycles.  
The pair, veterans of the Los Angeles-based real estate private credit manager, are planning an expansion while maintaining the firm’s core focus and values.
JPMorgan Chase structured the transaction via Freddie Mac’s Multifamily Q series. 
Closeup of "interest rates" text in a newspaper
Todd Henderson, co-global head of real estate at New York-based manager DWS, believes interest rates will be range-bound in the coming months. 
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The New York-based investment manager earlier this year completed two significant acquisitions, said Marc Zahr, co-president and head of real estate.  
The firm is stepping into areas that were once more prominently the domain of banks. 
Zoomed image of US dollar featuring Federal Reserve symbol.
Speaking at the Federal Reserve’s annual 2024 Jackson Hole conference, chairman Jerome Powell delivered the news that the US central bank could cut rates at its September meeting.
Manhattan's world famous skyline from birds point of view.
The financing for Zeckendorf, Atlas and Baupost will fund the construction of the luxury 80 Clarkson development.
The Toronto-based manager has formed a partnership with Declaration Partners to fund preferred equity investments. 
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