Washington, DC, shopping mall will be redeveloped into mixed-use asset with 320 apartment units.
2 min read · 16 June 2023
Federal Reserve rate outlook offers hope for future lending stability; Cain captures more US market share with PacWest loan portfolio buy; Senior real estate executives flag concerns on debt origination holding pattern at CREFC; Tishman Speyer gets a critical extension on $485 million New York office loan; and more in today’s Term Sheet, exclusively for our valued subscribers.
6 min read · 15 June 2023
A key driver of activity in the multifamily sector is support from Fannie Mae and Freddie Mac for stabilized and pre-stabilized assets.
3 min read · 15 June 2023
The sector is being hit by rising interest rates and other trends also affecting the broader commercial real estate debt markets.
3 min read · 15 June 2023
Goldman Sachs, US Bank, Franklin BSP executives anticipate more stress and higher debt costs.
3 min read · 14 June 2023
The imminent sale of a Class A Downtown Manhattan office will provide another important metric.
4 min read · 14 June 2023
The Starwood-owned portfolio’s appraisal value has risen 35%% since December 2021.
2 min read · 13 June 2023
The New York-based agency saw a loss severity of 48.4% in 2022, versus a loss severity of 56% in 2021.
2 min read · 13 June 2023
The financings will be used for projects in Miami and Brooklyn.
2 min read · 13 June 2023
Mezzanine debt lenders are seeing rising interest from senior lenders and sponsors to bridge the financing gaps for new and existing loans.
5 min read · 13 June 2023
