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The bank is all-in on the project backed by a joint venture including Blue Owl Capital, Primary Digital Infrastructure and Crusoe.
The California pension has made its first real estate commitment since setting a reduced pacing plan targeting niche, distressed assets.
The country’s deglobalization push is causing groups like CalSTRS and CalPERS to consider globalizing their property portfolios.
Managers are increasingly highlighting the stabilizing influence of credit investments in a private real estate portfolio.
The targeted $2bn venture with Castlelake will allow Invictus to further scale its lending platform.
Dallas-based Canyon Partners Real Estate views development and construction financing to be a key part of its business, despite tariff-related turmoil.
Colovore, an owner-operator of liquid-cooled data centers, will use the financing to expand its portfolio in major US markets.
The commercial mortgage-backed securities loan is one of the first expected to close after market volatility.
Canopy Real Estate Partners, which in February launched its first real estate private equity fund, is set to expand the geographic focus of the venture.
The New York-based investment management company substantially exceeded its target of $100m.