lending

Borrowers and lenders alike are keeping an eye on rising levels of distress, while the industry faces roughly $1.3trn of loans slated for maturity over the next three years.

New York City industrial development agency tax incentives rounded out the financing on East End Studios campus.

Over the past two weeks, Northcap, Calmwater Capital and Benefit Street Partners have each launched or closed real estate credit funds. 

Sponsor Aurora Capital Associates is developing the West Village condominium build.

The manager is the latest to target accredited investors via a credit-focused strategy.

The firm is looking to offer more HUD loans as an alternative to borrowers in today’s capital-constrained market.

The firm is seeking to line up patient individual and institutional capital to target small balance loans on transitional assets.

Greystone-arranged financing will help build submarket’s tallest multifamily asset.

The deal is the largest year-to-date construction loan originated in the US.