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New investors support property lender, special servicer REIT’s international push

Temasek, CalSTRS, others commit $430 million to 3650 REIT
3650 REIT financed the acquisition in July of Liberties Walk, a 70-unit apartment property in Philadelphia. (CoStar)
3650 REIT financed the acquisition in July of Liberties Walk, a 70-unit apartment property in Philadelphia. (CoStar)
CoStar News
September 24, 2024 | 9:25 P.M.

An alternative commercial real estate lender and special servicer of troubled loans known as 3650 REIT has secured nearly $430 million in capital commitments led by a Singapore-based firm.

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