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The duo extend debt for four years on the office asset amid sector volatility.
The firm is targeting more RIA and family office allocations to continue investment momentum.
While prices and the availability of financing have fallen as interest rates remain high, the industrial sector is on a different trajectory, BKM Capital Partners said in a white paper released this week.
The loan will be used by DECA and Wildcat joint venture to build Perris Gateway.
The Miami-based alternative lender anticipates a rise in distressed transactions – but in a way that is very different than in past cycles.
The live-work development’s funding includes a $155.5m C-PACE component.
The most significant commercial property financing transactions across US debt markets, collected in our data snapshot, updated every Tuesday.
The pair, veterans of the Los Angeles-based real estate private credit manager, are planning an expansion while maintaining the firm’s core focus and values.
Todd Henderson, co-global head of real estate at New York-based manager DWS, believes interest rates will be range-bound in the coming months.
The New York-based investment manager earlier this year completed two significant acquisitions, said Marc Zahr, co-president and head of real estate.