Capital Markets

MORRISTOWN, NJ-The $350-million close-end fund aims to leverage out to $1 billion worth of real estate investments, targeting value-add opportunities.

NEW YORK CITY-Structured Real Estate Finance Group at M&T Bank arranges the three-year short-term financing for $250 million for 50 W. 34th St.

ATHENS, GA-With a $20.2-million loan, Campus Acquisitions purchases the River Mill Apartments with plans to invest $3.3 million in capital improvements.

SAN FRANCISCO-The Shorenstein Properties stake is a junior interest in part of the construction financing for the office project.

Fannie's new underwriting standards should help bolster multifamily trades as the markets slowly improve.

NEWPORT BEACH, CA-Trust Company of the West takes a 51% stake in the locally based firm, opening a fresh capital distribution channel for Buchanan.

DELRAY BEACH, FL-Work begins on the 29-unit Seagate Residences, with construction of the 162-suite Seagate Hotel & Spa and Seagate Beach Club expected to start soon.

BEVERLY HILLS, CA-The privately held investment firm will renovate existing properties and invest in new acquisitions with the financing.