debt funds

The firm is seeing tailwinds for US office opportunities through bouts of market volatility in 2025.

The manager-developer partnership is targeting $200 million in preferred equity and mezzanine investments across multifamily and industrial sectors 

The firm’s second real estate private credit fund is targeting $515m.

Terra and Turnberry will use the funding to advance work on the Grand Hyatt Miami Beach adjacent to the city’s convention center.

The New York-based manager is targeting $1bn of additional loan originations as part of the expanded partnership.

The project’s capital stack also includes a senior loan from Kennedy Wilson and junior mezzanine financing from InterVest Capital Partners.

The firm has been active as a senior and mezzanine lender and worked in both capacities to back Pearlstone Partners’ development of an Austin condominium project.

Five executives have been elevated to key global or regional roles as part of the Miami-based manager's long-term succession planning.

Retail-focused manager RCG Ventures has closed on the first phase of its deal to take private 100 assets owned by listed REIT Global Net Lease.

The $12.9bn pension fund allocated the capital to the New York-based manager's BIG Real Estate Fund III.