Term Sheet: The Fed’s rate reduction; Madison Realty’s $2bn fundraise; Carlyle’s C-PACE commitment
The larger than expected 50-basis-point rate cut by the US Federal Reserve provokes more questions about real estate deal momentum; Madison Realty Capital finds fundraising tailwinds with $2 billion of capital lined up for the next iteration of its real estate debt strategy; Carlyle eyes green lending opportunities with $1 billion capital commitment to C-PACE lender North Bridge; and more in today’s Term Sheet, exclusively for our valued subscribers.