lending

The funding will be used by Keystone Group for two assets, one of which will be converted for residential use.

The Blackstone Real Estate Debt Strategies-linked deal follows Atlantic Union’s merger with Sandy Spring Bancorp and initiative to reduce real estate exposure.

The Boca Raton-based investment management company last week closed an opportunistic fund with nearly $1.69bn of capital commitments.

The investment manager recently took control of the management contract of an undisclosed non-traded REIT.

The Iowa-based manager anticipates the beginning of a new growth cycle as lending and deal volume regain momentum.

The Los Angeles-based real estate private equity firm sees potential hires and acquisitions as it seeks to grow its platform.

The borrower, New York-based hotel specialist Cipriani, will use the facility to grow its luxury hotel development platform. 

The asset management giant's long-time property chief will transition to executive chair, according to an internal memo.

In the strategies debuting between January and May, established managers sought to expand existing platforms with senior and subordinated debt offerings.

Industry participants say more allocators are turning to real estate credit as a way to stabilize portfolios in response to the volatility of recent months.