Banks

Fund managers have largely focused on developing purpose-built single-family properties in recent years rather than buying existing assets.  

Stabilizing asset values are leading institutional investors to take another look at the once-beleaguered sector.

The office development will serve as Deloitte’s US headquarters and is being financed by Wells Fargo, Bank of America and Standard Chartered.

Bank lending made a strong comeback in Q3 2025, rising to about 38.5% of all loan volume through the end of November, according to data from MSCI.

The debt will be used alongside an $88.4m C-PACE component to convert the vacant asset into a 30-story, 1,568-unit tower.

The Charleston-based manager’s latest credit opportunities strategy will function as a junior capital partner for the Nashville-based bank’s bridge loan pipeline.

Private debt funds increasingly see opportunities to join forces with banks to expand their lending platforms, according to Justin Pinckney, head of private debt at AEW Capital Management.

Traditional lenders are coming back to the commercial real estate space, but at lower leverage levels than in the past.

The move is expected to have a positive impact on liquidity in the commercial real estate market.

A division of Webster Bank provided the credit line, which will allow Bayport to expand nationally.