News & Analysis

KKR’s Nuttall: Credit opportunity remains compelling

Real estate equity in the US and Asia helped to drive the firm’s Q2 deployment in real assets to the highest level in over two years.

Goldman, Wells Fargo lead $560m CMBS refi of Ares-backed resi tower

The funding will be used to recapitalize luxury 3ELEVEN tower south of Manhattan’s Hudson Yards.

Northwind closes $95m New York office loan 

Sponsors Lloyd Goldman and David Werner see the potential to convert the building at 100 Wall Street into a residential property.

Lenders grapple with a fear worse than FOMO

Commercial real estate lenders are being guided by a principle that is more fraught than a fear of missing out – they are afraid of making a mistake.

Tyko, Security Benefit fund $748.5m refinance of 830 Brickell

Cain International and OKO Group will pay off prior construction financing from MSD Partners for the Miami trophy office.

Full spectrum portfolio: Why debt is a must-have for investors

The need for income means real estate private credit is becoming an indispensable allocation for investors.

Forum Investment’s Fisk: multifamily sector increasingly sees DSCR constraints

The metrics of underwriting an apartment property have changed substantially since the start of the covid-19 pandemic.

Newly formed advisory sees heavy bridge loan pipeline

The firm has closed about $100m of new loans since opening its doors in May and all of them have been bridge financings.

Värde funds $105m takeout loan for a California multifamily development 

The transaction represents Värde’s conviction around the demand dynamics of the Silicon Valley housing market.