Residential

Expected growth in private-label mortgages is expected to fuel the residential mortgage-backed securities market. 

Toll Brothers, DR Horton and Century Communities have made investments in the debt fund as AREC aims to raise $1bn in commitments.

Tenant demand for a decreasing amount of space is leading bank and non-bank lenders to be more willing to finance developments, redevelopments and refinancings.

The debt funding will be used alongside a $55m tax equity investment from JPMorgan Chase to retool RXR and One Investment Management’s 61 Broadway.

A sharp fall-off in new construction is reshaping the Sun Belt multifamily market, creating near-term opportunity for lenders and investors seeking development opportunities. 

The firm is looking to expand the scope of its real estate debt business to more categories in 2026, such as build-to-rent. 

Tidal Real Estate Partners will use the financing for the development of The Nashville EDITION, a hotel and residential development.

The firm has also launched a targeted $150m fund focused on providing short-term loans to borrowers on the East Coast and in the Sun Belt.

InterVest has secured an $867m financing package to convert the long‑vacant building into a 30‑story luxury residential tower, marking one of the largest single‑asset office‑to‑residential conversions in the market.

Real estate private credit managers are capitalizing on the opportunity set around the US housing shortage.