The firm is seeking to line up patient individual and institutional capital to target small balance loans on transitional assets.
3 min read · 23 June 2023
Northwestern Mutual funded the loan.
2 min read · 22 June 2023
Commercial real estate lenders bid LIBOR goodbye as SOFR takes center stage; Tishman Speyer goes north to obtain $900 million of finance for multi-purpose property plans; Construction lending sees major momentum in June with selective banks driving more activity; Avison Young taps company veteran for US president succession; and more in today’s Term Sheet, exclusively for our valued subscribers.
6 min read · 22 June 2023
Greystone-arranged financing will help build submarket’s tallest multifamily asset.
2 min read · 21 June 2023
Commercial real estate sponsors and lenders are looking at the language around transitioning derivatives contracts tied to the benchmark.
2 min read · 21 June 2023
Commercial real estate debt funds in North America raise $2.97bn in Q1 2023, showing resilience amid shifting market conditions.
1 min read · 20 June 2023
Amid mounting economic uncertainties, KBRA Credit Profile’s latest data reveals a notable uptick in the KBRA Loan of Concern (K-LOC) Index for commercial mortgage-backed securities deals.
1 min read · 20 June 2023
The strategy is growing in the US, but it lacks a real catalyst to drive change.
5 min read · 20 June 2023
The deal is the largest year-to-date construction loan originated in the US.
2 min read · 19 June 2023
The original justification for Canadian pension plans having standalone property platforms no longer holds up today.
3 min read · 16 June 2023
