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The New York-based manager will focus on large-balance loans through the fund, including bridge and construction deals in the mid-market.
The loan will be used for the first phase of a 380,000-square-foot industrial park in Irvine, California.
The New York lender specializes in long-term credit tenant lease loans.
The median real estate manager could beat private equity returns by 20 basis points over the next decade, he said at PERE Network’s America Forum.
The New York-based investment manager originated the financing for an affiliate of Raven Capital Management.
The transaction is a record for the Nuveen affiliate and will be used to recapitalize a Class A office building in San Jose.
The Philadelphia-based investment company is working with Historically Black Colleges and Universities to capitalize and development workforce developments.
The funding was arranged by Lone Star PACE and will be used to develop data centers in the Texas city.
Slate’s financing arm has focused on development and construction completion investments year to date.
PERE Credit’s inaugural Borrowing Barometer survey is designed to take the pulse of the US real estate financing market from those that use debt or raise it on behalf of those that use it.