News Analysis

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

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

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

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

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

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

Pennington Partners has hired a team from Walker & Dunlop Investment Partners to make structured equity investments in industrial and multifamily properties.

The executives will be the New York-based asset manager’s first dedicated heads of real estate since Marcus Sperber departed in 2019.

New York Community Bank earnings draw commercial real estate debt liquidity concerns but analysts downplay systemic stress; Banco Inbursa originates $445 million of construction financings in Miami; Nuveen Green Capital expands C-PACE focus with Virginia’s first-ever deal and more in today’s Term Sheet, exclusively for our valued subscribers.