The sale comes after PacWest sold another substantial portfolio to Kennedy Wilson earlier this month.
3 min read · 09 June 2023
The firm is using a tech-driven platform that allows it to more easily control how and when borrowers access capital.
3 min read · 09 June 2023
Carlos Slim’s Banco Inbursa funded the senior mortgage.
2 min read · 09 June 2023
The firm compared the leverage and yields on the B-piece with similar metrics for preferred equity or mezzanine debt investments.
3 min read · 09 June 2023
Kennedy-Wilson offloads majority stake in PacWest construction loans to Fairfax Financial in a notably quick flip; Real Estate Capital USA publishes its second annual Debt Fund 40 ranking; Park Hotel & Resorts REIT halts payments on $725 million CMBS loan tied to San Francisco hotels; and more in today’s Term Sheet, exclusively for our valued subscribers.
6 min read · 08 June 2023
The firm retained some pre-payment flexibility.
2 min read · 08 June 2023
The strategy will originate bridge loans on behalf of domestic and international institutional investors.
2 min read · 08 June 2023
Real Estate Capital USA presents the 2023 edition of its Debt Fund 40 ranking.
2 min read · 07 June 2023
Co-founder Jonathan Roth expects firm to originate more gap and bridge financings in current market.
2 min read · 05 June 2023
This is the Washington-based company’s first ever credit-focused investment vehicle.
3 min read · 05 June 2023