3650 REIT Forms New Commercial Real Estate Finance Joint Venture PR Newswire MIAMI, Aug. 21, 2018 MIAMI, Aug. 21, 2018 /PRNewswire/ -- 3650 REIT, the national commercial real estate lending, investment and services firm, today announced a new joint venture with the California State Teachers' Retirement System. The JV is dedicated to 3650 REIT's bridge and event driven lending strategy and will include an initial $200 million commitment with an accordion feature for a potential total commitment of $500 million.