IRHM, Your Global Window into Real Estate and Hospitality

October 10, 2026

Financing

Austin-based proptech firm Homeward has raised $120 million in Series D equity alongside $330 million in asset-backed debt facilities. Led by Saluda Grade, the capital injection will support the national expansion of Homeward’s cash offer and bridge financing solutions across the 48 contiguous US states. The funds will also drive technological enhancements to its integrated home buying, selling, mortgage and title platform.
Saudi Arabia's Public Investment Fund has established Tawrid Company for Financing Solutions, a digital platform aimed at boosting supply-chain financing across the Kingdom. Authorised by the Saudi Central Bank, Tawrid connects buyers, suppliers and financial institutions to enhance corporate liquidity and working capital. The company has already entered binding agreements with major local lenders and firms, including Saudi National Bank and ROSHN Group.
Direct commercial lender X-Caliber Capital Holdings has closed an additional $131 million Rural PACE-X financing deal for Phase II of Marcella Landing in Park City, Utah. Developed by Reef Capital Partners, the ultra-luxury ski community has now received $313.2 million in total funding from X-Caliber. The capital will fund a second phase of townhomes and supporting infrastructure at Deer Valley East Village.
Greystone Capital Advisors has arranged a $103 million bridge loan for Vantage Communities Inc. to refinance three residential developments in Central Texas. The floating-rate debt covers 864 Class A units across the Austin and San Antonio areas. Provided by Benefit Street Partners, the interest-only facility features an initial three-year term with extension options to support the portfolio through full property stabilisation.
ESR has exercised an upsize option on its sustainability-linked refinancing facility after beating its initial US$2 billion target due to high demand from international lenders. The five-year multi-currency loan facility consolidates existing debts and supports expansion across Asia-Pacific logistics real estate, data centres and energy infrastructure. The move follows US$1.1 billion in net debt repayments completed in 2025 as part of ongoing deleveraging plans.
Greystone has successfully arranged a $38.75 million refinancing package for Skylar Lofts in Jersey City. The newly built 80-unit luxury multifamily development was created by The Manhattan Building Company. Functioning as the opening phase of a major six-part master redevelopment project, the six-story property features premium residential spaces alongside ground-floor retail units and structured parking spaces.

In Focus

Latest