Term Sheet: Brookfield’s debt extension; Fortress’s IOS milestone; Retail’s renewed energy
Brookfield puts durability on display with a loan extension on One Liberty Plaza and separately sets up succession for real estate debt strategy leader Andrea Balkan; Fortress signals confidence in the industrial outdoor niche, securing the first SASB commercial mortgage-backed securities loan backed by these assets; Taconic Capital is aiming for the best, or most dislocated, of both debt and equity fund worlds with its latest fund launch; and more in today’s Term Sheet, exclusively for our valued subscribers.