3650 REIT

3650 REIT has provided a $73 million loan to Cityview and Wafra for the acquisition of Silva, a Class-A multifamily property in the highly desirable, Silver Lake neighborhood of Los Angeles. The newly constructed 221-unit building boasts units with panoramic views of the city, 9-foot ceilings and floor-to-ceiling windows, top of the line amenities, and green space. As 3650 Co-Founder and Managing Partner Toby Cobb notes in Multi-Housing News, “population growth within a three-mile radius of the property is projected to increase by approximately 5.6 percent over the next five years, making the Silver Lake area highly attractive for new rental housing construction.” Read more: https://lnkd.in/gDxH38JT

3650 REIT, along with JPMorgan Chase, have provided a $62 million loan for the refinancing of Columbus Business Park, an industrial complex that stretches over 3.9 million square feet across 153 acres in Columbus, Ohio. This marks 3650’s second successful transaction with ICP and IRG, following a $180 million loan for the refinancing of a six-property portfolio of industrial assets in Ohio and Michigan in 2023. 3650 REIT Co-Founder and Managing Partner Toby Cobb explains, “We’ve already had a constructive servicer relationship with [the borrowers], and they are coming back for another loan, and coming back to the same partnership with J.P. Morgan Chase.” Referring to Columbus Business Park, he continued, “The asset has superior sponsorship and it’s well leased and stabilized.” Read more: https://lnkd.in/gWNtdAza

Join 3650 REIT’s Managing Partner, Head of Bridge and Event Driven Originations Michael Fleischer at CRE Finance Council’s Panel on Thursday, March 14th in Los Angeles, CA. Michael Fleischer will be speaking on the panel, Beyond the Headlines: CRE Finance Perspectives from 5:00 - 8:00 pm. We look forward to hearing from all the panelists! https://lnkd.in/ge-aSEd4

3650 REIT Co-Founder and Managing Partner Toby Cobb recently shared his thoughts on the real estate cycle with Real Estate Capital USA’s Samantha Rowan for this month’s cover story. As Cobb states, “I do believe it is healthy for lenders to have broader real estate capabilities. But for a lender, picking the winners is not our business. It is missing the losers.” Read more in the piece below:  https://lnkd.in/ecacza4T

An issue in CRE is data smog. The Trepp podcast is helpful in that it identifies key trades nationally each week and explains how such trades reflect the state of the CRE market.

3650 Co-Founder and Managing Partner Toby Cobb took the stage at CRE Finance Council’s 2024 Miami Conference for the Welcome to Miami panel discussing real estate trends post-Covid with David Martin of Terra, Nitin Motwani of Merrimac Ventures, L.C., Nicholas Perez of Related Group, and Craig Robins of Dacra. Thank you to CRE Finance Council and everyone who attended for an incredible discussion and event! #crefinance

3650 REIT has originated more than $145 million across two loans in Southern California. As 3650 REIT Co-Founder and Managing Partner Jonathan Roth said, “In a commercial real estate environment with little ground-up construction taking place, we continue to see strong demand for a variety of asset classes in strategic locations and desirable submarkets.” Read More:  https://lnkd.in/ecX-84qA 

3650 REIT has been nominated for Real Estate Capital USA’s ‘Alternative Lender of the Year $5-$15bn Real Estate AUM’ category in their third annual awards program. Voting is wrapping up! Vote by Monday, January 15th to have your vote count!    Link to vote:  https://lnkd.in/eYxPum76    

3650 REIT is thrilled to announce our nomination in the ‘Alternative Lender of the Year $5-$15bn Real Estate AUM' category for Real Estate Capital USA’s third annual awards program. The voting period is open now until Monday, January 15th - click the link to cast your vote for 3650 REIT! https://lnkd.in/eYxPum76

3650 REIT is thrilled to announce our nomination in the ‘Alternative Lender of the Year $5-$15bn Real Estate AUM' category for Real Estate Capital USA’s third annual awards program. The voting period is open now until Monday, January 15th - click the link to cast your vote for 3650 REIT! https://lnkd.in/eYxPum76