North America

CMBS can illuminate dark spots hidden beneath the veneer of retail’s renaissance

Class A bond holders in New York’s Palisades Center have taken a 30% loss in a rare case in the CMBS SASB market.

Exclusive: Madison Realty Capital funds $654m New Jersey industrial refinancing

Madison Realty is confident in the long-term prospects for the industrial sector.

S3 Capital names investor relations head amid real estate credit push

Michelle Fang, who came on board as a consultant last year, will also serve as head of marketing.

Brookfield’s Oaktree deal shows real estate private credit growth potential

The New York-based manager is aiming to expand – and the real estate credit capabilities of Oaktree are critical to that initiative.

Fidelity Bancorp brings on former Marcus & Millichap exec to spearhead growth

Prior to joining Fidelity, Hughes headed Marcus & Millichap’s capital and launched and ran its debt platform.

Madison Realty funds $180m loan for SoHo hotel acquisition

The loan will also be used to renovate and rebrand the property amid a global hotel brand’s relaunch.

Post Road to boost focus on real estate credit after digital infra sale 

The firm will increase its origination of senior loans, mainly on multifamily and industrial properties.

Blackstone launches defined contribution unit as part of 401(k) strategy

The unit will sit within the firm’s $280bn private wealth business and will focus on broadening retirement savers’ access to private markets.

Brookfield moves to acquire remaining stake in Oaktree

CEO Bruce Flatt says the proposed transaction will let Brookfield broaden its credit franchise following Oaktree’s 75% AUM jump since 2019.