Alere to use funding to recap assets across Los Angeles, Orange County and the Inland Empire.
2 min read · 14 September 2023
Market analysts anticipate pause to slight bump on rate hikes at next week’s Federal Reserve meeting; Apollo subsidiary Athene originates $480 million studio redevelopment financing as insurers gain more lending ground in bank absence; more equity and preferred equity comes into play as ‘blend and extend’ financing methods pick up in usage; and more in today’s Term Sheet, exclusively for our valued subscribers.
6 min read · 14 September 2023
Blend and extend is the latest iteration of the ‘extend and pretend’ strategy frequently seen in the wake of the Global Financial Crisis.
6 min read · 14 September 2023
Lack of money center banks is creating more space for private credit lenders with multifamily, industrial and construction lending.
4 min read · 13 September 2023
A disrupted commercial real estate capital markets means investment opportunities are more nuanced than there were in past cycles.
5 min read · 12 September 2023
As the retail apocalypse ends, the office Armageddon begins, says Toby Cobb, co-founder of the national real estate investment trust.
2 min read · 11 September 2023
Agency outlined parameters for prospective buyers across 14 pools of $33.2bn loan book.
3 min read · 11 September 2023
FDIC outlines parameters for prospective buyers interested in Signature Bank’s $33 billion commercial real estate loan portfolio; PGIM Real Estate names new co-chief executives; Newmark research shows office debt originations dropped significantly in the first half of 2023; and more in today’s Term Sheet, exclusively for our valued subscribers.
6 min read · 07 September 2023
Cathy Marcus and Raimondo Amabile will become co-CEOs of the New Jersey-based manager in October.
2 min read · 06 September 2023
Owners of office buildings where the flexible space provider is a major tenant are in a predicament, whether or not the business survives.
6 min read · 06 September 2023