North America

Debt markets seek signs of stability as deal ceiling extension nears 

In the short-term, a resolution will bring benchmark Treasury yields down slightly, especially on the short-end of the curve.

Receivership spells new path forward for Los Angeles trophy E&Y Plaza 

The property is the latest Los Angeles office building to experience severe headwinds.

Potential debt ceiling deal raises hopes for commercial real estate

Despite a small chance of default, the market is working through potential scenarios.

Oaktree secures loan extension for iconic Los Angeles tower 

The New York manager acquired the property at 444 South Flower at a UCC auction in January.

Ares makes the case for alternative lender expansion 

National and regional banks are expected to reduce commercial real estate lending, which opens the door for the private markets.

PacWest sells $2.6bn of construction loan portfolio to Kennedy-Wilson

PacWest attempts to add liquidity as regional banking turmoil persists.

Brevet funds $42m mezzanine loan for Nashville hotel project 

The financing is part of a larger $167.2m luxury hotel project.

JPMorgan Chase, Citi fund $140m Miami hospitality loan

The 10-year, fixed-rate financing, arranged by Walker & Dunlop, is interest only for its entire term.

RFR to contribute new equity for $1bn Seagram Building extension

The New York-based manager received a one-year extension, with an additional 12-month extension option.

Oaktree launches capital raising for fourth real estate debt fund

The Los Angeles-based manager is targeting $3bn for its Real Estate Debt Fund IV.