New York City industrial development agency tax incentives rounded out the financing on East End Studios campus.
2 min read · 25 July 2023
The newly created role is part of the investor’s revamped leadership structure under new executive chair Daniel Fournier.
3 min read · 25 July 2023
Over the past two weeks, Northcap, Calmwater Capital and Benefit Street Partners have each launched or closed real estate credit funds.
3 min read · 25 July 2023
Bank capital requirement changes and shrinking balance sheets are opening doors in multifamily, industrial and construction.
4 min read · 25 July 2023
Although venture capital funding into the sector has dropped, the firm sees investment opportunities.
3 min read · 25 July 2023
More sponsors are considering financing insured by the Department of Housing and Urban Development to move ahead with or refinance projects.
3 min read · 24 July 2023
The advisory also tracked a substantial number of office buildings where the debt is higher than current valuations.
3 min read · 21 July 2023
PacWest Bank’s commercial real estate team left to join Kennedy Wilson following the investment manager’s May acquisition of the bank’s construction loan portfolio; Barry Sternlicht’s Starwood defaults on $212 million loan linked to Atlanta office tower as sector’s financing headwinds persist; Morgan Stanley and Deutsche Bank launch a $515 million CMBS deal for Hawaii resort owned by Trinity and Oaktree; and more in today’s Term Sheet, exclusively for our valued subscribers.
6 min read · 20 July 2023
A key theme the REIT is following is a migration of people leaving cities for the suburbs.
5 min read · 20 July 2023
