Alternative lenders

The firm is not planning to join the ranks of investors who are seeking short-term lending solutions.

The sovereign wealth fund has made a commitment to the ninth vintage of the manager’s flagship real estate credit strategy.

The firm expects rates to stay higher for longer, bringing more creative financing opportunities over the next 18 months and beyond.

The Chicago manager is looking to expand its single-family rental portfolio with a second $250m investment in the specialist platform.

The firm has hired Jay Dunn from RFR Realty to head up capital raising and debt capital markets as it looks to execute on a heavy multifamily and residential pipeline.  

The manager says the additional capital provides it with £1.3bn in available capital.

New vehicle is the firm's first commingled fund for its global commercial real estate credit business.

The vice-president of the European Central Bank said alternative debt providers are of greater concern than traditional lenders.

The lack of the 421a abatement in New York City is not stopping the Spruce Capital lending arm from pursuing more creative redevelopment opportunities. 

The three-year facility to developer Princeton Investments has been originated at 60% LTV.