News Analysis

The New York-based private equity manager joined forces with Canada Pension Plan Investment Board and Rialto Capital on the acquisition.

The New York-based multifamily investor has been looking selectively at deals, but believes rates are too high to move ahead with transactions.

The polls will close at midnight PST on Monday, January 15 and the results will be revealed in April.

The firm hopes to provide mezzanine and preferred equity financing for sponsors in its target markets which are facing short-term capital challenges.

Brookfield raises concerns about Signature Bank loan portfolio sale; US Congress proposes legislation to boost workforce housing creation; lenders say the clock is ticking for borrowers with near-term maturities; and more in today’s Term Sheet, exclusively for our valued subscribers.

While the change in sponsor attitude has not yet been reflected in transaction volume, market participants are pointing to anecdotal situations over the past 30 to 60 days which shed light on the shift.

Lower interest rates and the potential for the passage of tax credits promoting the development of affordable housing could be significant for the sector.

The Los Angeles-based manager is capping off 2023 with its second fundraise for the year.

Dallas manager and New Jersey industrial specialist look to scale investment products, institutional investor base and technology through transaction.