News Analysis

Term Sheet: All eyes on the Fed’s next steps; Brookfield takes over Veritas portfolio; Greystar joins private real estate credit push

Lenders zero in on next week’s Federal Reserve meeting; Brookfield becomes San Francisco’s largest multifamily owner via foreclosure auction on Veritas apartment portfolio; Greystar joins a wave of private equity interest in growing real estate debt; and more in today’s Term Sheet, exclusively for our valued subscribers.

SL Green to launch $1bn New York-focused office debt fund

The local investor has been a long-time debt investor alongside its equity portfolio.

Taconic Development Advisors tracks rising need for asset management

Taconic Development Advisors is also starting to see more opportunities to work with lenders and investors seeking advisory services early on when looking at troubled loans.

M&T Realty Capital shakes up senior leadership

Michael Berman will shift from chief executive to executive adviser, as M&T taps Michael Edelman as his successor.

Brookfield takes control of Veritas multifamily portfolio in foreclosure auction

The transaction makes Brookfield the largest multifamily owner in San Francisco.

Reven Office REIT sees first-mover advantage to finance viable properties

The new company will originate first mortgages, mezzanine debt and preferred equity investments.

Outlook: Crow Holdings’ Roberts sees growing market bifurcation  

Despite uncertainties looming over the office sector, investors can leverage diverse tailwinds across various real estate segments.

Goldman Sachs sees ‘opportunities for further dispositions’ in 2024

The banking giant’s CFO said the firm ‘made substantial progress’ in selling down its commercial real estate balance sheet portfolio in 2023.

Greystar signals greater debt focus in office of CIO launch

CIO Wes Fuller says the firm will put a greater focus on strategic partners and growing its investor base.

Penner, Carpenter prepare to launch office-focused financing company

Reven Office REIT will originate first mortgages, mezzanine debt and preferred equity investments.