M&A

A group of lenders including Wells Fargo Bank, Bank of America and Deutsche Bank is providing a $620m acquisition commercial mortgage-backed securities loan.

The New York-based alternative investment manager picks up more real estate debt and equity capabilities as part of $450m deal. 

Toronto-based Brookfield acquired the San Francisco properties via a foreclosure.

The real estate manager took a minority stake in New Jersey-based infill industrial investment manager Faropoint at the end of 2023.

Dallas manager and New Jersey industrial specialist look to scale investment products, institutional investor base and technology through transaction.

The Irvine, California-based manager will acquire properties on an all-cash basis before lining up debt when interest rates normalize.

The Miami-based workforce housing specialist has two deals in the pipeline.

The Federal Deposit Investment Corp seized the bank and sold control of it to JPMorgan on May 1.

A combination of the two Swiss banks’ businesses could cement UBS’s position as an industry behemoth both home and abroad.

The deal makes the New York company the fourth-largest US mortgage REIT.