North America

The Canadian firm’s Prashant Raj and Derek Richter explain why Europe’s real estate private credit market is a match for pension fund capital.

The firm lined up co-investment from a consortium of international partners for the credit facility.

Trimont president Alan Kronovet discusses the refinancing wave, distressed assets, lender workouts and how artificial intelligence is changing US commercial real estate loan servicing.

As billions in commercial real estate loans come due in a higher-rate environment, advisers and servicers are finding plenty of solutions.

Valuers are navigating a market in which there is a dearth of transactional evidence for valuations.

With $1.8trn of ZIRP-era loans now maturing, the market is shifting from extend-and-pretend to disciplined resolution, and abundant capital is bifurcating sharply between prime assets and distressed pockets.

John Richardson joins the firm from Arbor Realty Trust, where he filled a similar role.

Nuveen Green Capital, Morgan Stanley and Barclays provided $856m in financing for the Boston mixed-use development.

The financing will be used to complete a $730m acquisition of a 30MW data center property.