The decline in commercial mortgage-backed securities volume tracks a larger dip in transaction volume.
5 min read · 12 October 2023
The largest fund closed in 2023 to date is Marathon Secured Private Strategies Fund III, which had $1.7bn raised.
1 min read · 12 October 2023
Commercial real estate lenders are increasingly concerned about the impact that rising insurance costs.
5 min read · 11 October 2023
Cyclical and secular changes will lead to new uses for old strategies, innovation and adaptation.
5 min read · 11 October 2023
Over the long-term, the firm hopes to have half of its portfolio in the US and other developed markets.
4 min read · 10 October 2023
The index stood at 19.73 percent in July, compared to 19.35 percent in June.
1 min read · 10 October 2023
Pennyslyvania Public School Employee’s Retirement System have made the second largest investor commitment so far this year, with $200bn committed to the PIMCO Commercial Real Estate Debt Fund II as of September 5.
1 min read · 09 October 2023
Private credit is stepping into situations that may have been funded by a regional or national bank a year ago.
3 min read · 06 October 2023
More C-PACE records are being set as sponsors seek lower-cost capital for construction and retrofit projects.
4 min read · 06 October 2023
Senior real estate leaders anticipate more obstacles for originations and capital markets at CREFC; PIMCO preps debt dry powder with year’s largest fundraise to date; Trepp tracks rise in delinquency and special servicing rates as CMBS market congestion builds; and more in today’s Term Sheet, exclusively for our valued subscribers.
7 min read · 05 October 2023