News & Analysis

EQT Exeter taps New York Life, State Farm to finance core industrial play

The insurers financed two warehouse buys by the manager’s non-traded REIT.

Morning Calm launches $500m real estate credit vehicle

The Boca Raton-based manager has hired Ian Russell from Singerman Real Estate as part of the initiative.

W&D’s Walker: The recovery starts now

Willy Walker, chairman and chief executive of Bethesda-based Walker & Dunlop, sees signs of a market recovery.

Calmwater sees rise in NPL financing opportunities

The firm has seen its pipeline in this area grow steadily for the past six months, says Larry Grantham, managing principal.

Higher delinquencies seen for five-year vintage CMBS loans

There is a bifurcation in the performance of five- and 10-year conduit loans, according to data from Trepp.

Arena’s Zwirn lays out real estate credit opportunity set 

The New York-based private credit manager believes the long-term destruction of value will present lending and recapitalization opportunities.

Borrower view: Pinnacle Housing sees financing gaps widen for affordable deals

Higher interest rates and construction costs are making development more expensive, according to Coraly Rodriguez, partner.

iBorrow’s Good sees shift toward acquisition loans as market starts to unlock

The firm has consistently been seeing $1bn-$2bn of new loans coming through every month.

Ares JV taps CMBS market for Hyatt Orlando acquisition

A group of lenders including Wells Fargo Bank, Bank of America and Deutsche Bank is providing a $620m acquisition commercial mortgage-backed securities loan.