Term Sheet: SL Green’s office-geared fundraise; ACRE’s $1bn final close; Scale’s Bronx backing

SL Green is lining up more opportunistic office plays after surpassing the $1 billion target for its latest debt strategy; ACRE closes its second real estate debt strategy at $1 billion with an expanded investor base in tow; Scale is bulking its multifamily construction financing book with a $305 million development deal in the Bronx; and more in today’s Term Sheet, exclusively for our valued subscribers.