Invesco Real Estate believes there is a significant opportunity for private real estate offerings to become more accessible to high-net-worth investors.
5 min read · 25 August 2023
Fortress Investment Group carves against the grain with the acquisition of a $900 million Capital One office loan portfolio, despite the sector’s headwinds; Unibail-Rodamco-Westfield demonstrates it sees a future for a Los Angeles mall with a $925 million Morgan Stanley CMBS refinancing; Berkadia analysis shows bank failures have not halted lending despite heightened credit standards; and more in today’s Term Sheet, exclusively for our valued subscribers.
6 min read · 25 August 2023
The firm is launching the deal at a time when segments of the retail sector are showing signs of resilience.
2 min read · 24 August 2023
A rising number of New York office deals are providing clearer pricing metrics for lenders and borrowers.
4 min read · 24 August 2023
KKR global real estate head Ralph Rosenberg expects capital constraints to also cause pain for owners outside of the office sector.
4 min read · 23 August 2023
Fundraising was slower compared with the same period last year, when managers raised $18.5bn.
1 min read · 22 August 2023
Private credit manager picks up substantial exposure to New York City offices in the deal.
2 min read · 21 August 2023
The alternative lender has hired John Omori from Bank of Hope to spearhead the initiative, which will focus on smaller, local builders in the multifamily sector.
3 min read · 21 August 2023
The firm is using this strategy as a yield play to mitigate against its bigger bets in the office and retail space.
3 min read · 21 August 2023
WeWork is casting doubt on its future viability as rent and tenancy costs keep office stability in limbo; Hodes Weill finds commercial real estate M&A lost steam in the first half of 2023; AEW Capital Management lays out succession plans for the upcoming retirement of longtime chair Jeff Furber; and more in today’s Term Sheet, exclusively for our valued subscribers.
7 min read · 17 August 2023