Dekel brought in UBS to fund the loan after a previous lender was unable to finance the acquisition for sponsor DB Capital.
2 min read · 01 November 2022
The lender funded the loan on behalf of Extell Development, with additional financing from Rexmark and Pacific Western Bank.
2 min read · 31 October 2022
The company closed on an $11.5 million loan commitment for a Brooklyn multifamily development after sponsors locked in pricing over the summer.
2 min read · 31 October 2022
It is difficult for a borrower to determine if now is a good time to move ahead with refinancing, Singer believes.
3 min read · 31 October 2022
Higher interest rates are making it more difficult for sponsors to exit properties and refinance debt.
3 min read · 26 October 2022
The developer is seeing the impact of the expiration of the 421a tax abatement program.
4 min read · 26 October 2022
Despite a slowdown in transaction volume, debt managers are moving ahead with hiring.
4 min read · 26 October 2022
Aegon AM analysis shows cycle peak possibly achieved amid market uncertainty.
3 min read · 24 October 2022
Gupta sees the potential to expand the firm’s senior secured bridge and permanent loan business over the next two or three years.
3 min read · 24 October 2022
The firm is seeking situations in which it can provide rescue equity or make other investments is an extension of the firm’s existing business.
3 min read · 24 October 2022
