The firm originated the loan through Blackstone Real Estate Debt Strategies for 46 industrial outdoor storage properties across 15 states.
Theย Blackstone-backed 2 and 3ย MiamiCentralย towers are part ofย aย downtown mixed-use developmentย adjacent toย MiamiCentralย Station.
The Singapore-based real estate private equity manager raised $320m forย CapitaLandย Asia Pacific Credit Program II.
Walker & Dunlop arranged the financing on behalf of the sponsor, TMGOC Ventures.
The partners plan to deploy over the next three years across the New York Tri-State area with a focus on residential and hospitality opportunities.
Realberry, Kor Real Estate Partners and Proper Hospitality will use the funding and a $75m Banc of California senior loan to redevelop the Cal Neva Hotel.
The New York-based real estate investment trust has structured 20 ground leases on LIHTC properties to date.
As valuations settle into a new range, the private real estate manager turns focus toward value-creation, thematic investing.
Regional and national bank lenders are making a welcome return to commercial real estate financing.
Afterย strong performanceย in 2025, the asset classย is poised for another potentially strong year,ย a new report highlights.ย