The sector is being hit by rising interest rates and other trends also affecting the broader commercial real estate debt markets.
3 min read · 15 June 2023
Goldman Sachs, US Bank, Franklin BSP executives anticipate more stress and higher debt costs.
3 min read · 14 June 2023
The Starwood-owned portfolio’s appraisal value has risen 35%% since December 2021.
2 min read · 13 June 2023
Mezzanine debt lenders are seeing rising interest from senior lenders and sponsors to bridge the financing gaps for new and existing loans.
5 min read · 13 June 2023
A full-scale financial crisis currently looks unlikely, but there is further potential for volatility, the manager warned.
4 min read · 12 June 2023
The sale comes after PacWest sold another substantial portfolio to Kennedy Wilson earlier this month.
3 min read · 09 June 2023
Carlos Slim’s Banco Inbursa funded the senior mortgage.
2 min read · 09 June 2023
The firm compared the leverage and yields on the B-piece with similar metrics for preferred equity or mezzanine debt investments.
3 min read · 09 June 2023
The US, UK and continental Europe offer great opportunities for alternative lenders. But it is the North American GPs that are better able to capitalize on a transatlantic strategy
8 min read · 07 June 2023
Difficult market conditions are causing challenges for US real estate, but Schroders Capital’s Michelle Russell-Dowe and Jeffrey Williams argue alternative lenders are set to benefit as embattled US banks withdraw from lending.
8 min read · 07 June 2023