News Analysis

The borrower is a joint venture between Blue Vista and Cabot, Cabot & Forbes, owners of a Class A property in the Brighton submarket.

As more green shoots emerge in leasing activities, lenders are more open to the city’s office market while it is on the way to further recovery.

Scott Graves, a former senior executive at Oaktree Capital and Ares Management, rolled out the firm last month.

Five executives have been elevated to key global or regional roles as part of the Miami-based manager’s long-term succession planning.

The structure of RCG Venture’s acquisition of a $1.8bn retail portfolio, which includes buckets of non-real estate capital, presents a framework for a new kind of deal in the sector.

The Trump administration’s move to implement global tariffs will hit the lending, construction markets hardest, KPMG’s Roger Yang believes.

Lending is gaining momentum, starting with a resurgent CMBS market, which saw $36.3bn worth of issuance through mid-March, up from the $14.4bn seen during the same period in 2024.

The loan is a bright mark for the Los Angeles office market and West Coast offices after an early-year string of trophy refinancings.

The New York-based manager this week rolled out a partnership with The Harbor Bank of Maryland as part of a broader effort to promote equitable access to capital.

Value creation and the need to scale will push more real estate investment trusts and private investment companies into consolidation mode, according to Tim Bodner, a partner in PwC’s real estate practice.