News

Tariff war ups the uncertainty ante for recovering debt markets

The Trump administration’s move to implement global tariffs will hit the lending, construction markets hardest, KPMG’s Roger Yang believes.

Ares and Goldman back $1.8bn shopping center portfolio deal

Retail-focused manager RCG Ventures has closed on the first phase of its deal to take private 100 assets owned by listed REIT Global Net Lease.

Parkview outlines why regional bank distress is still top of lenders’ minds 

Parkview dives into the ripple effects for regional bank lenders two years on from the failures of Signature, Silicon Valley and First Republic banks.

InterVest, Bank OZK originate $253m construction financing for Nashville tower

SomeraRoad and Trestle Studio will use the funding to develop a 30-story combined hotel and condominium asset.

Forever 21’s story is not necessarily a total tale of woe  

Fast fashion retailer Forever 21’s plans to shutter its US stores illustrates a reversal of fortune for a group of tenants once considered must-haves by most retail landlords.

Fidelis closes rare RTL securitization

The Cranford, New Jersey-based investment manager anticipates becoming a programmatic issuer of residential transition loan securitizations.

JPMorgan, Starwood mortgage REIT write $2bn loan on CIM’s Utah data center campus

The funding will allow the CIM-led JV to add another 145MW to the project – output already spoken for by an unnamed hyperscaler.

Rockpoint JV taps Apollo for Wall Street multifamily loan

The Boston-based manager, in partnership with Brooksville, acquired the property in 2016 for $421.5m.

GCM, Artemis-backed Brasa closes third opportunistic fund on $580m 

The firm, run by former AEW execs, targeted public pension investors via emerging manager programs.

CMBS office boom signals partial sector recovery  

But lenders continue to highlight the different stories around trophy and non-trophy assets.