News Analysis

LOOK AHEAD 2023: US transaction, lending volume ends on a down note as distress looms

The drop in transaction volume is directly tied to higher mortgage rates.

LOOK AHEAD 2023: Office specialists take contrarian view of future lending, investment prospects   

The metrics from first three quarters of the year tell a different story than the past few weeks

Borrower profile: Muss Development narrows deals flow to stricter parameters 

There is a chance for well-capitalized companies which see opportunities to allocate to rescue capital for short-term investment opportunities.

Newmark arranges $535.8m acquisition loan for New York residential conversion

GFP Real Estate, Metro Loft Management and Rockwood Capital are set to buy the 22-story, 1.1 million-square-foot office at 25 Water Street.

Basis poised to grow multifamily lending via Fannie Mae DUS designation

The firm is the first African American- and women-owned lender to obtain a DUS designation.

JLL arranges $290m Philadelphia life sciences construction loan

Corebridge Financial funded the loan, with The Baupost Group providing additional equity.

Greystar closes $600m commercial real estate credit fund

The manager launched its credit business in 2018 as part of a plan to scale its overall real estate platform.

Wells Fargo to expand New York area mid-market lending business

The bank has added a new platform, hiring a JPMorgan veteran as team co-leader.

Square Mile, Bank OZK originate a $202m construction loan for life science development

The financing is one of the final deals of 2022 for Square Mile, a New York-based investment manager.

Multifamily lending sees steep drop in volume 

The reasons behind the drop are easy to understand: a combination of lower transaction volume, higher interest rates and the steepest inflation in 40 years.