multifamily

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.

The US family office is hopeful that transaction activity will pick up in a lower rate environment.

The Philadelphia-based investment company is working with Historically Black Colleges and Universities to capitalize and development workforce developments.

Puente Hills Mall, a roughly 56-acre mall in the City of Industry, California which is best known as a filming location in Hollywood blockbuster Back to the Future, is set to undergo a major redevelopment.

The bulk of capital allocated to real estate private credit strategies over the past five years has ended up in the multifamily sector, according to data from PERE Credit.

The Lending Barometer tracked 96 loans totaling $12.67bn across July and August, a level that is 15% lower than the prior two-month period.