News

PGIM structures novel Fannie Mae credit facility for giant affordable housing portfolio

Increased lending caps from GSEs will boost affordable housing sustainability, PGIM’s director says.

Greystone maps massive affordable lending push after $500m Cushman investment

The investment will help to drive product development.

KBS seeing lending volumes normalize as office market moves past pandemic

The company anticipates lending volume of about $1.5bn in 2021.

LaSalle’s Sonnenberg tracks lender tilt toward senior mortgages

Institutional allocations are also favoring this segment of the credit markets.

Cresset navigates tricky market for construction loans with ‘brochure-quality’ projects

The Chicago multifamily office believes that its low leverage and high-quality locations allow conservative lenders to get comfortable with the risks.

CP Capital sees quick lease ups, speedy loan exits for multifamily developments

The firm, along with partner Greystar, recently broke ground on a suburban Denver apartment development.

Mesa West pivots toward multifamily as new originations boom

The debt fund manager has originated about $2.5bn of new loans so far this year.

Empire State’s Malkin: Energy efficiency informs lending terms in Europe

The commercial property market needs to focus less on cosmetic changes to properties and more to legitimate energy efficiency and sustainability.

Why Oak Street sold itself to Blue Owl

The newly listed asset manager acquired the Chicago-based net lease specialist for $1.6bn. Oak Street says the deal paves the way for further growth.

Five things to know about the LIBOR-SOFR transition

Market participants foresee some potential integrational and operational issues when lenders step away from LIBOR on December 31.