News Analysis

Swap rates in the UK and eurozone rose on news of a collapse in the ceasefire agreement between US and Iran on July 8.

Credit rating agency KBRA took the action following the latest valuation of the asset.

The loan from the New York-lender will be used by HA Emprendimientos to build its 26-story, 328-unit Sense22 development in the Edgewater submarket.

Madison Realty Capital originated a $720 million senior loan to finance Metro Loft and David Werner’s residential conversion of the New York office building.

San Antonio-based manager continues its 2026 lending streak with a deal backed by PCCP, Claremont Development and Stanberry Development group.

The sponsors, Grubb Properties and Pink Stone Capital, lined up another $77m in mezzanine financing from a group of lenders.

Leumi UK provided the financing to help grow the JV’s Concreit platform.

The capital advisory firm pointed to a strong labor market and accelerating inflation as factors likely to drive the Federal Reserve to raise interest rates.

A survey shows banks are more selective on origination, as fears grow that inflation will push up interest rates.

The scheme will result in a £300m student housing development to be completed in Q3 2027.