News

Morgan Stanley, Societe Generale fund $429m refi of Blackstone hotel portfolio

The 23-hotel CMBS financing will recapitalize properties across 10 states.

L&L’s $911m Park Avenue office refinancing shows strength of trophy market

Monday Properties and Pacific Elm Properties this week also lined up financing for high-quality office assets.

Northwind’s $65m Jersey City office loan shows path forward for beleaguered sector

A narrative is emerging for high-quality offices that sit between behemoths like New York’s One Vanderbilt and commodity properties.

Deep Dive: Private real estate’s surprise problem child

Default risk in the multifamily sector is growing, catching out some managers and their investors – while creating opportunities for others.

Bank OZK extends debt streak with $600m Miami-area construction loan trifecta

Berkadia arranged two of the financings, which will increase the Arkansas-based lender’s presence across South Florida.

Fundrise, Toorak and Mesa West complete significant multifamily financings  

The multifamily sector continues to be a favored place for lenders and investors, buoyed by the supply-demand fundamentals.

Structured investments emerge as distinct commercial real estate asset class

The commercial real estate market, which has been in a value correction cycle for the past two years due to higher interest rates and cap rates, will see this correction continue until interest rates settle.

Yieldstreet’s Yarbrough sees secular changes in bank, alternative lender relationships

Yarbrough said he believes the market is coming closer to bottoming out and this creates strong investment opportunities

Cain secures $2bn of development financing for Beverly Hills luxury project

JPMorgan has originated a $500m senior loan to help build the mixed-use development One Beverly Hills.

Bank OZK, BDT and MSD fund $756m financing for Inland Empire mega-project

CBRE IM and Hillwood will use the funding for Phase 1 of speedway conversion into a 6.6 million-square-foot industrial complex.