News Analysis

Fund is the largest the partners have raised since kicking off their partnership.

The financing for Fisher Brothers includes $108m of C-PACE capital.

The investment manager rearranged the capital stack and secured a debt infusion on five multifamily properties in the Sun Belt region.

Market participants will have a more positive outlook in the sector going forward to 2025, given the increasing office leasing and usage rates.

The benchmark 10-year Treasury needs to be reliably in a range of 4-4.5% for transaction activity to resume.

The JLL-brokered deal for Genesis Marina is backed by a JV between Phase 3 Real Estate Partners and Bain Capital Real Estate.

Terra will use the permanent financing for the first phase of its Centro City development.

The New York-based investment manager secured another major commercial mortgage-backed securities loan followed by its $3.5bn refinancing on the Rockefeller Center.

But the implementation of Basel III regulations and sponsors that are increasingly comfortable with non-bank lenders will help keep the playing field level.

Benefit Street Partners, ORIX USA and Harbor Group International share their outlook for interest rates, borrower headwinds and mortgage real estate investment trusts.