Many institutions have retreated from direct lending in favor of the investment risk diversification offered by credit vehicles.
3 min read · 05 July 2023
The city is starting to see transaction activity, which is helping to set a floor for valuations.
4 min read · 04 July 2023
Women represent a substantial percentage of private real estate professionals, but men have a monopoly on the role of the entrepreneur.
10 min read · 03 July 2023
The manager is the latest to target accredited investors via a credit-focused strategy.
2 min read · 30 June 2023
Head of originations says larger ticket loans on deck for Los Angeles debt manager.
3 min read · 29 June 2023
PacWest Bank continues to reduce its balance sheet with a $3.5 billion loan portfolio sale to Ares following similar Kennedy-Wilson, Cain deals; Freddie Mac originates $947 million of financing for Prime Residential’s Los Angeles multifamily mega-community; New York’s office market remains viable for high-quality offerings as SL Green sells 245 Park Avenue stake to Mori Trust; and more in today’s Term Sheet, exclusively for our valued subscribers.
6 min read · 29 June 2023
The firm is looking to offer more HUD loans as an alternative to borrowers in today’s capital-constrained market.
2 min read · 29 June 2023
The firm is targeting preferred equity and mezzanine debt deals of $2m to $10m.
3 min read · 28 June 2023
Manager will pay a total of $2.07bn for asset-backed loans, and a portion of its unfunded commitments.
3 min read · 27 June 2023
Global real estate boss Robert Rackind will be departing the Swiss bank within a month following its merger with UBS.
2 min read · 23 June 2023
