Home Multifamily
multifamily
The developer, Terra, will use the financing for the first phase of a $1bn mixed-use community in South Florida.
The firm sees a clear opportunity to expand its platform as banks scale back their commercial real estate lending platforms.
The firm raised approximately $1.2bn for CRED III, which is already over 40% deployed.
The New York-based manager will focus on large-balance loans through the fund, including bridge and construction deals in the mid-market.
The minority-owned emerging manager is raising $500m for a strategy that seeks to keep 'struggling families' in their homes and find 'hidden alpha'.
Evergreen has raised $1bn in capital commitments following initial seed and involvement from Prosperity Asset Management.
The London-based investment management company is seeking a cornerstone investor for its US-focused lending venture with Quadrant Real Estate.
The firm anticipates another capital closing before year-end and then a final close late in the first quarter.
The New York-based investment manager originated the financing for an affiliate of Raven Capital Management.
Invesco’s activity comes amid a broader increase in commercial real estate loan originations.