Term Sheet: Fed’s 25bps cut; NGC’s Tampa trophy; KKR’s agency assist

Private real estate credit managers can exhale a sigh of interest rate relief with the Federal Reserve’s 25-basis-point reduction; Nuveen Green Capital makes a $290 million C-PACE charge into a Tampa mixed-use development; KKR adds $250 million of private credit backing to a Freddie Mac-supported $1.1 billion multifamily portfolio; and more in today’s Term Sheet, exclusively for our valued subscribers.