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Americas head Brad Gries will assume the top job at the Chicago-based manager as incumbent chief executive Mark Gabbay transitions to executive chair. 
Jason Hernandez, Nuveen Real Estate
The firm exceeded its initial target of $500m at final close and plans to originate senior, floating-rate loans through the strategy.
Real Estate Capital USA - Real Estate L Database
The most significant commercial property financing transactions across US debt markets, collected in our data snapshot, updated every Tuesday.
Tony Avila, CEO at Avila Real Estate Capital.
The firm lined up Hillwood as a lead investment partner en route to its $1bn target and a June 2026 final close.
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Several firms including Fortress Investment Group helped launch the platform.
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The New York-based real estate private equity and credit manager exceeded its $250m target for the fund.
Kathleen McCarthy Baldwin, former Blackstone real estate global co-head
The global co-head of real estate is leaving after a 15-year tenure, placing Nadeem Meghji into sole leadership of the manager's real estate portfolio.
Gemma Zaiman joins the firm from Silver Point Capital as part of move to expand its US commercial real estate lending platform.
The firm exceeded its initial target of $1.5bn for the opportunity fund.
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The $370bn Sacramento-based pension fund has moved to support more multifamily and industrial-focused strategies, including a $250m commitment to Greystar’s second real estate credit fund closing this week.

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