Niche sectors

Kelly Souza will lead West Coast originations as well as lender partnerships to fuel the New York-based manager’s next growth phase.

The debt will be used alongside an $88.4m C-PACE component to convert the vacant asset into a 30-story, 1,568-unit tower.

The senior housing and multifamily bridge lender originated a $455m refinancing component and a $15m working capital line as part of the deal.

The New York-based alternatives manager is expanding its real estate credit platform into the industrial outdoor storage sector with the facility.

The funding will be used alongside $148m in financing from Farallon Capital Management to build a pair of film production assets.

The prevalence of temperature-controlled medications like GLP-1s and a reverse impact on certain food demand will force an underwriting change in the niche real estate sector.

The New York investment manager’s portfolio encompasses several niche sectors, including data centers, student housing and life science real estate.

The firm provided a $25m mezzanine loan on a Boston life sciences property that is part of a $119m refinancing package. 

The firm’s recent report shows appetite remains unchanged with lenders prioritizing risk mitigation and experienced sponsors. 

The Nuveen affiliate has expanded its stateside and international investor base as the financing niche finds steadier mainstream usage.