Blackstone, Rialto and CPP Investments tap JLL to offload $1.8 billion of Signature Bank loans mere weeks after buying them; UBS Asset Management promotes Jon Hollick to head real estate globally; Midland puts defaulted $308 million 1740 Broadway loan out for sale at an estimated 50 percent discount; and more in today’s Term Sheet, exclusively for our valued subscribers.
5 min read · 18 January 2024
The $308m loan is expected to be sold for a 50% discount.
2 min read · 17 January 2024
Non-bank lenders signal strong appetite to capture market share at the industry group’s annual conference in Miami.
3 min read · 16 January 2024
Following its integration with Credit Suisse, the Swiss bank’s investment arm has promoted Jon Hollick to head of global ex DACH real estate.
2 min read · 16 January 2024
Industry sentiment at CREFC Miami shows more optimism; DRC Savills Investment Management debuts US debt platform via Quadrant joint venture; Blackstone gears up for active investment period; Bank OZK, Wells Fargo and KeyBank kick off 2024 with loans blazing; Real Estate Capital USA’s 2023 awards voting to close next week; and more in today’s Term Sheet, exclusively for our valued subscribers.
6 min read · 11 January 2024
The Slate Property Group lending arm is financing the development of two Jersey City towers.
2 min read · 11 January 2024
London-based manager to expand platform via a joint venture with Quadrant Real Estate Advisors.
1 min read · 10 January 2024
The financings come at a time when few lenders have been funding construction loans.
2 min read · 09 January 2024
Loan transactions are expected to pick up as the interest rates normalize or decrease.
3 min read · 05 January 2024
