
The loan package consists of a $113.8m Freddie Mac loan and a $15.6m preferred equity investment.
Los Angeles-based Canyon Partners Real Estate views development and construction financing to be a key part of its business, despite tariff-related turmoil.
Charney Companies will use the debt to build a 45-story, 182-unit tower at 95 Rockwell Place in the Fort Greene submarket.
The senior and mezzanine debt will be used by Tavros Capital and Charney Companies to acquire and pre-develop a 1,000-unit project in the Gowanus neighborhood.
The commercial mortgage-backed securities loan is one of the first expected to close after market volatility.
Norges Bank Investment Management concludes its wide search for the position with the hire of the CIO of Hines’ European business.
Property Markets Group will use the funding to build a two-tower, mixed-use project in the city’s Brickell neighborhood.
The New York-based investment management company substantially exceeded its target of $100m.
The departure came after the biggest UK life and pensions provider combined its infrastructure and property teams and appointed Manuel Dusina as head of real assets.
The Port Washington, New York-based real estate investment management company is planning to expand its loan size and geographic reach.