Pennington Partners has hired a team from Walker & Dunlop Investment Partners to make structured equity investments in industrial and multifamily properties.
3 min read · 09 February 2024
The executives will be the New York-based asset manager’s first dedicated heads of real estate since Marcus Sperber departed in 2019.
2 min read · 08 February 2024
Michael Boxer, a managing director, says operators are coming to grips with higher rates and are more willing to transact.
4 min read · 07 February 2024
The California-based manager is seeing more opportunities as banks take closer looks at their balance sheets.
5 min read · 07 February 2024
SL Green Realty Corp and Vornado Realty Trust will have to contribute substantial equity to extend the loan, per servicer remittance reports.
2 min read · 02 February 2024
The multifamily sector could be in the crosshairs of the coming distress.
3 min read · 02 February 2024
The Ares-RXR venture comes at a time when transaction activity in the city has started to tick upward and capital is starting to move.
8 min read · 01 February 2024
The meeting comes as transaction activity has started to tick up after a slow 2023.
4 min read · 31 January 2024
The pending sale of a defaulted note on 1740 Broadway in New York and the foreclosure sale for a San Francisco multifamily portfolio could be the start of a broader shakeout.
7 min read · 31 January 2024
The Federal Reserve has not changed the target rate, which has stood at a level of 5.25-5.5 percent, since July.
3 min read · 31 January 2024
