North America

Newmark: Multifamily originations hit nine-year low in Q1 2024

Although originations are substantially below pre-pandemic levels, the market could be nearing a bottom.

Private lenders position themselves ahead of Basel Endgame

The proposals’ implementation is expected to prompt a major expansion in private credit providers’ lending platforms.

Meadow Partners’ Kaplan makes the case for preferred equity

The New York-based manager has made more than $150m in preferred equity investments over the past five months.

CMBS SASB market roars into June with $3.5bn of new deals

A $1.4bn offering on a portfolio of data centers owned by Blackstone capped a strong week for a surging CMBS market.

Nuveen set to deploy $775m C-PACE fund as green lending gains traction

The New York-based manager has raised $1.3 billion for C-PACE lending series over the past 12 months, backed by appetite from insurance companies.

Trinity, Credit Suisse land $575m refinancing for Florida’s Diplomat Resort 

The sponsors lined up the financing after acquiring the property from Brookfield Asset Management last year.

Analysis: Viewing Federal Reserve actions through a multifamily lens 

Mark Roberts, head of research for Crow Holdings Capital, looks at the metrics of the multifamily sector to potentially provide insight on the Federal Reserve’s next moves.

US Federal Reserve outlook: Private credit lenders drop expectations for near-term rate relief

Ahead of the Federal Reserve’s June 11 meeting, hopes for rate cuts have plummeted from as many as three to potentially none.

Goldman’s Garman outlines private credit opportunities following $7bn fund close

The alternative management arm’s largest-ever fundraise arrives at a critical time for private credit and bank lenders in the real estate market.