Term Sheet: Tishman Speyer’s platform launch; Extell’s $1.2bn refinance; Barings’ C-PACE collaboration
Tishman Speyer aims for a lending expansion with a senior hire from PIMCO to head its new real estate debt platform; and high-tier sponsorship begets high-dollar refinancing as Extell Development lands a $1.2 billion package from JVP Management alongside mezzanine capital. Plus: Barings and Counterpointe put C-PACE financing’s utility on display with a $165 million mixed financing to revamp a downtown Connecticut corridor; and more in today’s Term Sheet, exclusively for our valued subscribers.