Moinian Group, Bushburg chart a new 14-story mixed-use asset in Brooklyn.
The firm sees a gap in financing for diverse, mid-market managers.
The firm saw its roster of institutional investors spike in its second affordable housing fund.
With its HUD business bulked, the New York manager eyes more transitional multifamily amid inflation, interest rate and cost pressures.
The loan – for a Wilmington bank headquarters – carries a term of 10 years and was originated on behalf of local manager Buccini/Pollin.
Four senior executive hires mark new strategy emphasis across real estate sectors.
The firm’s investors like US multifamily so much they’re willing to live with current disruptions.
The $500m strategy will focus on bridge opps across most sectors and market sizes.
The firm’s quarterly momentum index also shows CLO issuance was up $6.3bn in Q1 2022 compared with the same period last year.
The Timbercreek North American Mortgage Fund will go long on short-term deals.