Term Sheet: RXR’s credit expansion; Hines and Rialto’s office fundraise; New Mexico’s first C-PACE deal

RXR is building out its real estate credit platform with industry veteran Steven Schwartz at the helm and a pair of Partners Group hires to fuel capital raising; Hines and Rialto Capital are launching a $2.5 billion credit fund to capitalize on high-quality US office financing opportunities; Nuveen Green Capital closes the first-ever C-PACE deal in New Mexico with sights on more; and more in today’s Term Sheet, exclusively for our valued subscribers.