construction

The financing will be used by Namdar Group to fund support construction and leasing for a pair of 43-story multifamily buildings in downtown Miami.

The senior and mezzanine financing will be used to start development of the 200-acre Riverwalk San Diego project in Southern California.

Michelle Fang, who came on board as a consultant last year, will also serve as head of marketing.

The funding will be used alongside $148m in financing from Farallon Capital Management to build a pair of film production assets.

The prevalence of temperature-controlled medications like GLP-1s and a reverse impact on certain food demand will force an underwriting change in the niche real estate sector.

A lack of reinvestment is exposing weaknesses in hotel portfolios, tightening the screws on financing options.

The funding will be used by Maxal Group to build the first phase of a $1bn mixed-use project in Edgewater, which includes a 25-story, 381-unit luxury apartment tower.

The funding will be used by Vanbarton Group to acquire and redevelop a Midtown office tower into a 441-unit residential property.

Debt and equity capital are available for development, but institutional investors are still shying away from new construction. 

The partnership is expected to align two firms’ expertise in mid-market construction financing.