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Justin Slaughter

Goldman Principal RE fund raises nearly $1bn

Goldman Sachs Principal Investment Area has raised $993 million for its third real estate debt fund, according to Real Estate Capital's sister title, Private Debt Investor.

Profile: Natixis – In it for the long haul

The Paris-based investment and banking firm’s US real estate debt team succeeds by unifying its balance sheet and CMBS lending and says the mortgage-backed securities market will endure new regulations. Justin Slaughter reports.

Special Feature: The local advantage

How US regional banks are winning the greatest share of US CRE originations as CMBS falters. Justin Slaughter reports.

ACORE provides $83m on mixed-use Manhattan development

ACORE Capital has provided a $82.5 million financing to Brack Capital Real Estate on its 107,000 sq ft mixed-use development at 627 Greenwich Street in the West Village neighborhood of Manhattan.

Cigna provides $43m on Dallas, Texas apartments

Cigna Investments has provided a $43 million acquisition loan to Pure Multi-Family REIT (Pure Multi) on the 368-unit Alexan Fairmount mid-rise apartment community in Dallas, Texas.

Apollo provides more than $1bn on US medical portfolio

Apollo Commercial Real Estate Finance (ARI) has provided a $130 million junior mezzanine loan to an undisclosed borrower on a 155-property US healthcare portfolio, bring the firm’s total financing on the portfolio to $1.05 billion.

JPMorgan provides $47m on Denver portfolio and development

JPMorgan Chase is the lender on a $46.55 million financing to Unico Properties on three-property Platte Street Portfolio and an adjacent office development site in Denver, Colorado, county records show.

Macquarie and Torchlight provide $56m on Texas hotel

The Macquarie Group and Torchlight Investors have provided a $56 million refinancing to Presidio Companies on the 429-room Sheraton Forth Worth Hotel in Fort Worth, Texas.

Vintage CMBS losses pale in comparison to original estimates: Trepp

The report, which Trepp presented to the Federal Reserve Board of Governors recently, states that the agency now expects only 20 percent of these loans to experience losses, compared to the 50 percent prediction that many institutional lenders and rating agencies had voiced.

Pillar originates $46m in agency multifamily loans

The private multifamily and healthcare properties lender has provided four fixed-rate agency loans with 30-year amortization schedules since the beginning of September.

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