industrial

The manager originated $20m in mezzanine financing for a Phoenix-area deal and closed a programmatic credit facility with industrial specialist Phoenix Investors.

Advance Realty and Greek Development will use the funding for phase two of Linden Logistics Center in New Jersey.

Trump’s tariff proposals stand to accelerate an already anticipated evolution in logistics property demand.

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

The Los Angeles-based firm sees the sector as a strong area for growth.

The loan will be used for the first phase of a 380,000-square-foot industrial park in Irvine, California.

The Newark-based manager has been refinancing sizable portfolios and tacking on more concentrated one-off deals to fuel momentum.

Invesco’s activity comes amid a broader increase in commercial real estate loan originations.

The Lending Barometer tracked 96 loans totaling $12.67bn across July and August, a level that is 15% lower than the prior two-month period.

Franklin BSP Realty Trust’s Comparato breaks down the transaction, which marks a bright spot for a quiet sector.