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Chicago-based manager was part of the capital stack for the construction financing on The Edison, a 378-unit, mass timber luxury apartment building in Milwaukee.
The financing for Fisher Brothers includes $108m of C-PACE capital.
Terra will use the permanent financing for the first phase of its Centro City development.
A commercial real estate recovery depends on a predictable environment.
The most significant commercial property financing transactions across US debt markets, collected in our data snapshot, updated every Tuesday.
PERE Credit’s most-read stories include forward-looking interviews with senior real estate executives detailing expansion plans and our annual ranking of real estate debt funds.
Sponsors Taubco and Landau Properties are planning to building a trophy office on Bay Harbor Island.
Chair Jerome Powell says the Federal Reserve will likely cut rates twice in 2025, significantly less than the four reductions expected prior to its meeting.
The developer, Terra, will use the financing for the first phase of a $1bn mixed-use community in South Florida.
Bank regulatory requirements and borrower tax implications are preventing resolution for stressed loans.