The lender group originated the loan on behalf a partnership between Blackstone and Starwood Capital.
The Dallas-based manager is pivoting some of its equity vehicles to also include debt investments amid rising investor demand.
The firm last month originated a $204m construction loan for a partnership that includes Medistar Corporation and CBRE Investment Management. Â
The manager is bullish about the sector, despite market headwinds. Â
Life sciences asset development did not lose momentum through the pandemic thanks to limited supply and a wealth of interest from lenders and investors.
A Wells Fargo-led consortium provided a loan to upgrade the office of The Legal Aid Society.
Ground-floor retail units are on trend in New York as mixed-use provides greater value.
The deal signifies continued resilience in the hospitality sector, according to co-founder Elliot Eichner.
A new debt fund index from CREFC and NCREIF is being developed to provide extra transparency for investors conducting due diligence around return generation and potential risks.
Last-mile industrial specialist to focus on opportunities in high-population growth markets.