News Analysis

Northcap Partners increases debt fund target to $1bn

Florida-based manager looks to elevate $750 million fund to capitalize on private lending opportunities.

Hodes Weill’s Hodes: 10% fund reserves are now ‘insufficient’

Most assets need an additional 15-20% in reserves to address refinancing issues, according to the advisory firm’s co-founder.

Inside Brookfield’s San Francisco multifamily expansion

The Toronto-based manager is looking at the city on a long-term basis.

Goldman funds $395m refinancing for New York’s 70 Pine Street

The New York City property was converted from an office building into a multi-use asset.

PTM Partners tracks rising distress, identifies short-term construction financing niche

The attainable housing specialist is seeing a push toward asset management.

Berkshire’s Schrumpf sees solid short-term lending pipeline

The Boston-based manager sees opportunities to move up in the quality spectrum in terms of both assets and partners.

Blackstone, Paramount nail extension for $975m San Francisco office loan

The loan on One Market Plaza, a San Franciso office tower, was one of the largest CMBS loans slated to mature in 2024.

NYCB stress spurs moves to resolve bank lending portfolios

Private credit lenders and other alternative sources of capital are already stepping in to work with national and regional banks to restructure loans.