Samantha Rowan
The financing was originated for Respark Residential and LaTerra Capital Management and was used to fund the acquisition of a 1,495-unit portfolio.
The survey showed a sharp drop in sentiment index scores compared with the previous quarter.
Interest rate shocks, trade disruptions and the conflict in Iran have prevented a typical commercial real estate recovery from occurring.
The most significant commercial property financing transactions across global debt markets, collected in our data snapshot, updated every Tuesday.
Fundraising momentum affirms the growth thesis for the asset class.
On June 1, PERE Credit will be expanding our remit to include Europe and the APAC region via a combination with our European affiliate, Real Estate Capital Europe.
The venture is the latest in a series of residential-focused platforms, which include a targeted $1bn platform launched earlier this month by EMCAP Financial and Smith Hill Capital.
The firm has raised more than $850m for Ares Real Estate Debt Strategies, published reports say.
Higher borrowing costs could slow commercial real estate lending and investing.
A recovery that took hold in 2025 has been slowed by the impact of uncertainty in the Middle East.