multifamily

The firm is watching central bank activity across markets closely as well as recession indicators.   

The Boston-based investor and developer launched its credit platform late 2022.

Capro Capital JV is targeting $500m for its first fund, launching with $100m of equity.

The fixed-rate agency financing was arranged by Cushman & Wakefield.

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

New credit division open for partnerships to build capacity in Sunbelt and beyond.

The liquidity is important at a time when firms are seeing substantial demand drivers, including a paucity of affordable units in target markets and beyond.

New York manager targeting more multifamily, select office opportunities in South Florida.

The firm is looking to grow its debt platform and recently hired Dean Dulchinos as head of debt portfolio management to oversee activity. 

Founder and CEO Patrick Carroll sees opportunities arising from capital market dislocation to provide preferred equity in multifamily transactions.