North America

RXR closes $1bn Liberty Mutual lending venture

Firms have worked together since 2010, but RXR chairman and chief executive Scott Rechler says the goal to further scale comes amid significant evolution in the real estate private credit market.

Inside RXR’s $3.5bn New York office reboot

The locally based investment management company has already committed that amount to high-quality office properties in the city.

Exclusive: S3 Capital closes $255m loan for New Jersey riverfront development

The funding will be used by Maxal Group to build the first phase of a $1bn mixed-use project in Edgewater, which includes a 25-story, 381-unit luxury apartment tower.

Market pulse: Latest rate cut is a start, but lenders want more

The latest rate cute has “already increased dealflow throughout the market”, says Thorofare Capital’s Eddie Prosser.

Arrowmark on finding alpha in mid-market CRE lending

The inefficiencies and idiosyncrasies of the US mid-market encompass pockets of opportunity for private real estate credit, highlights Arrowmark Partners’ Rob Brown.

CMBS lessons have been learned

The CMBS market made significant changes after the global financial crisis. The impact has meant a more stable market.

Ringfencing real estate credit risk

AI is becoming a must-have for real estate credit risk and pipeline management.

Prospect Capital: Seizing the refi opportunity in US multifamily credit

Debt funds looking to take advantage of the surge in refinancing must be able to lend at attractive rates based on a highly efficient cost structure in an increasingly competitive environment, argues Prospect Capital’s Joseph Ryu.