PERE Credit’s Post

Bayview Asset Management, LLC has appointed former Kayne Anderson executive Andrew Smith to lead its real estate debt division, where he will focus on expanding the firm's credit platform ahead of an upcoming fund launch. #realestatedebt #commercialrealestateestate #PERECredit https://okt.to/W3PS9O

Just published on PERE Credit, the first in a series of PERE Credit podcasts. In the inaugural episode, Jim Costello, Head of Real Estate Economics at MSCI Inc. and Ran Eliasaf, Founder and Managing Partner at Northwind Group, discuss softer headwinds for the office sector, as well as opportunities to lend on high quality assets and perform office to residential conversion programs. Moderated by Shihao Feng #realestatecredit #realestatedebt https://lnkd.in/eXJiyiFd

Benefit Street Partners has closed a $1 billion CRE CLO, with Franklin BSP Realty Trust’s Comparato highlighting the transaction as a positive development in an otherwise slow market. #marketinsights #commercialrealestate #PERECredit #privatecredit #RealEstateCredit https://okt.to/2wue7b

Prime Finance and BridgeInvest have teamed up to provide $110 million in financing for the acquisition of a 1,326-unit portfolio in New York City, part of a larger $180 million deal. #deals #PERECredit #commercialrealestate #realestateinvestment #acquisitions https://okt.to/cOPMXk

Miami-based 3650 REIT secured $430 million in new commitments from CalSTRS, Temasek, and an undisclosed wealth advisory firm, marking its first commitment of this type. #fundraising #commercialrealestate #PERECredit #RealEstateCredit https://okt.to/roS8RF

Term Sheet: Apollo Global Management, Inc.’s Brooklyn bet; Maryland’s allocation to debt; C-PACE’s data center deal #PERECredit #commercialrealestate #privatecredit

San Diego County’s $11 billion retirement system has established a new relationship with Sabal Investment Holdings through its latest commitment. #Investment #realestateinvestment #commercialrealestate #PERECredit https://okt.to/31IcrK

Nuveen Green Capital has closed a $40 million C-PACE deal, arranged by Lone Star PACE, to fund the development of data centers in Houston, highlighting the city's growing focus on sustainable infrastructure. #SustainableInfrastructure #PERECredit #funds #commercialrealestateestate https://okt.to/JIMwzy

Affinius Capital, AB CarVal, and Rockbridge Hospitality Fund have provided $230 million in financing for Gencom’s $308 million acquisition of the Thompson Central Park New York hotel, highlighting strong investor confidence in the city’s prime hospitality market. #financing #PERECredit #commercialrealestateestate #privatecredit https://okt.to/PVofQO