
Velocity Financial to Acquire Toorak Operating Platform, Manage $3B Loan Portfolio
Velocity Financial, Inc. has entered into an agreement to acquire the operating platform of Toorak Capital LLC, a lending and
Track the latest transactions, financing activity, development updates, leasing trends, and market moves shaping this sector of commercial real estate.

Velocity Financial, Inc. has entered into an agreement to acquire the operating platform of Toorak Capital LLC, a lending and

Construction has begun on Broadstone Gosling Oaks, a 388-unit Class A apartment community within the Gosling Oaks mixed-use development in

Fitch Ratings reports that U.S. CRE CLO credit performance continues to outpace the broader CMBS market, even as slower-than-expected execution

This week’s return-to-lender activity spans multiple markets and property types, with courts, special servicers, and bankruptcy processes driving outcomes. In

Sherman Associates has completed the financing phase for a new mixed-income multifamily community in downtown Rochester, Minnesota. The development is

The Bascom Group, LLC has completed an $8.5 million refinancing of The Charleston Apartments, a historic multifamily property in the

CPC Mortgage Company, a subsidiary of The Community Preservation Corporation, has structured an $8.018 million permanent loan for Riverbend at

Berkadia has expanded its investment sales capabilities in Boston with the addition of senior managing directors Kevin Gleason and Brendan

Institutional Property Advisors (IPA), a division of Marcus & Millichap focused on institutional clients, has completed the sale of Pacifica

True Ground has received a $1.5 million philanthropic commitment from Vivmark Residential, the multifamily company created through the merger of