News Analysis

Following its integration with Credit Suisse, the Swiss bank’s investment arm has promoted Jon Hollick to head of global ex DACH real estate.

Industry sentiment at CREFC Miami shows more optimism; DRC Savills Investment Management debuts US debt platform via Quadrant joint venture; Blackstone gears up for active investment period; Bank OZK, Wells Fargo and KeyBank kick off 2024 with loans blazing; Real Estate Capital USA’s 2023 awards voting to close next week; and more in today’s Term Sheet, exclusively for our valued subscribers.

The Slate Property Group lending arm is financing the development of two Jersey City towers.

London-based manager to expand platform via a joint venture with Quadrant Real Estate Advisors.

The financings come at a time when few lenders have been funding construction loans.

Loan transactions are expected to pick up as the interest rates normalize or decrease.

London Bay will use the funding for the first phase of a Ritz-Carlton development in Bonita Springs.

A combination of a shortage of supply, strong sector fundamentals and lower leverage can create tailwinds for private lenders.

The long cycle has meant a dearth of workout specialists as lenders and borrowers seek to modify loans.

Hines and Urban Street Development will use the financing for the first phase of a multifamily, office and retail project.