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The firm is the first African American- and women-owned lender to obtain a DUS designation.
The bank has added a new platform, hiring a JPMorgan veteran as team co-leader.
The reasons behind the drop are easy to understand: a combination of lower transaction volume, higher interest rates and the steepest inflation in 40 years.
A four-bank syndicate arranged the loan for an 834-unit Brooklyn development.
Shoreham Capital focuses on multifamily, single family resi and build-to-rent for its housing portfolio.
The alternative credit manager's head of real estate says the current market is โalmost uninvestableโ amid rate hikes, debt cost increases.
The segment saw a surge of investment in 2021, which showed resilience during the pandemic and currently has the strongest occupancy of all property types.
Loan will pay off construction debt on a Class A building inside Miami Worldcenter.
The financing was arranged on behalf of Royal Palm Companies, with a loan term of 36 months.
The financing will be used to launch development of a transit-oriented project in East Orange.









