News Analysis

The bottom line is that directionally, lenders and borrowers have more confidence in the Federal Reserve’s progress on inflation and a softening economic backdrop.

The funding will be used by Gencom as part of a $308m deal to buy the Thompson Central Park New York hotel.

The Chicago-based firm joins a growing list of managers targeting distress.

The consortium of borrowers includes German institutional investors, developer SHVO and Deutsche Finance America.

The Federal Reserve’s decision to cut interest rates by 50 basis points is not expected to have a significant impact on commercial real estate lending and borrowing.

The firm says scalability and sustainability are essential factors when it comes to underwriting where data is key.

The private equity manager is taking a minority stake in North Bridge as part of the deal.

Slate’s financing arm has focused on development and construction completion investments year to date.

An expected 25-basis point rate cut at the Federal Reserve’s next meeting will be pivotal as private equity funds seek to deploy dry powder.

The New York-based investment manager will buy whole loans and performing- and non-performing notes, and provide additional financing through the fund.