 As much as $8B would be for its Starwood Global Opportunity Fund XII, which is currently fundraising and specializes in U.S. and European opportunistic real estate, Bloomberg reports, citing anonymous sources. Another $3B would go toward a sidecar fund to buy distressed properties.
Read Full Article: bit.ly/2EOy8gv  Credit unions that have been working to grow market share in the commercial real estate lending space in recent years are taking advantage of open runway as other capital sources have pulled back in recent months. In fact, these institutions are willing to offer competitive terms and creative solutions.
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