Market participants see increased competition for institutional-quality assets as private credit lenders look to increase their niche exposure.
7 min read · 26 February 2024
Freddie Mac provides $335m of funding alongside investments from CPP and Harbor Group.
2 min read · 23 February 2024
The yield on the 10-year Treasury topped out at 5 percent in October before falling to less than 3.8 percent at the end of 2023.
7 min read · 23 February 2024
Arbor Realty Trust shows US regional banks are not the only lenders facing increased scrutiny after logging higher-than-expected loan delinquencies and borrower troubles; Greystone Commercial Capital catches a wave on Miami’s lending momentum with $419.6 million refinancing deal for Florida East Coast Realty’s Panorama Tower; Starwood Capital and Artisan Ventures run into more Los Angeles office troubles with default on financing from MetLife Investment Management; and more in today’s Term Sheet, exclusively for our valued subscribers.
7 min read · 22 February 2024
Florida-based manager looks to elevate $750 million fund to capitalize on private lending opportunities.
2 min read · 22 February 2024
Most assets need an additional 15-20% in reserves to address refinancing issues, according to the advisory firm’s co-founder.
4 min read · 21 February 2024
The Toronto-based manager is looking at the city on a long-term basis.
4 min read · 15 February 2024
The New York City property was converted from an office building into a multi-use asset.
2 min read · 15 February 2024
Blackstone completes refinancing and extension, joining a wave of managers tackling an estimated $659 billion wall of loans maturing this year; Deutsche Bank and BMO Capital Markets co-lead a $333 million hotel portfolio CMBS securitization that signals continued industry interest in travel- and leisure-oriented hospitality; CalPERS feels office sector headwinds as a key New York tower in its portfolio suffers a nearly 12 percent value drop; and more in today’s Term Sheet, exclusively for our valued subscribers.
5 min read · 15 February 2024
The attainable housing specialist is seeing a push toward asset management.
3 min read · 14 February 2024
