North America

Goldman Sachs sees ‘opportunities for further dispositions’ in 2024

The banking giant’s CFO said the firm ‘made substantial progress’ in selling down its commercial real estate balance sheet portfolio in 2023.

Greystar signals greater debt focus in office of CIO launch

CIO Wes Fuller says the firm will put a greater focus on strategic partners and growing its investor base.

Penner, Carpenter prepare to launch office-focused financing company

Reven Office REIT will originate first mortgages, mezzanine debt and preferred equity investments.

Blackstone’s defaulted 1740 Broadway loan sale hits the market

The $308m loan is expected to be sold for a 50% discount.

Potential rate reductions stoke optimism at CREFC

Non-bank lenders signal strong appetite to capture market share at the industry group’s annual conference in Miami.

Scale Lending funds $243m in New Jersey multifamily loans 

The Slate Property Group lending arm is financing the development of two Jersey City towers.

DRC Savills enters US commercial real estate debt market

London-based manager to expand platform via a joint venture with Quadrant Real Estate Advisors.

3650 REIT gets out of the gate with $145m of California construction loans

The financings come at a time when few lenders have been funding construction loans.

Lending Barometer: Lenders move past challenging 2023 with hope for higher originations 

Loan transactions are expected to pick up as the interest rates normalize or decrease.