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Taconic provided a mezzanine loan on the class A property.
The manager is the latest to target accredited investors via a credit-focused strategy.
Manager will pay a total of $2.07bn for asset-backed loans, and a portion of its unfunded commitments.
The sale comes after PacWest sold another substantial portfolio to Kennedy Wilson earlier this month.
JLL Capital Markets arranged the $220m loan, of which about $65.8m is comprised of preferred equity.
The firm detailed in a report its Q2 outlook and long-term view of the commercial real market’s return focus.
The Federal Deposit Investment Corp seized the bank and sold control of it to JPMorgan on May 1.
One-third of the maturing loans were made by CMBS lenders a decade ago; the report also finds transaction volume in February plunged from the previous year.
The New York company also sees a longer road to recovery for the city's CRE market.
The loan servicing firm is understood to have appointed Investec to market it to prospective buyers.