The firm provided $100m of equity and preferred equity to the mixed-use project, a new-model deal in which each component includes minority- and women-led representation.
4 min read · 31 October 2023
The firm cited concerns over the workouts of New York’s 1740 Broadway, which has seen its servicer replaced twice since entering special servicing.
5 min read · 23 October 2023
Continued lack of liquidity in banking system leaves private credit lenders to fill financing gaps.
2 min read · 19 October 2023
Over the long-term, the firm hopes to have half of its portfolio in the US and other developed markets.
4 min read · 10 October 2023
The manager expects high interest rates and lower deal volumes to restrict broader CLO market comeback.
3 min read · 04 October 2023
Agency outlined parameters for prospective buyers across 14 pools of $33.2bn loan book.
3 min read · 11 September 2023
Cathy Marcus and Raimondo Amabile will become co-CEOs of the New Jersey-based manager in October.
2 min read · 06 September 2023
Owners of office buildings where the flexible space provider is a major tenant are in a predicament, whether or not the business survives.
6 min read · 06 September 2023
A rising number of New York office deals are providing clearer pricing metrics for lenders and borrowers.
4 min read · 24 August 2023
Private credit manager picks up substantial exposure to New York City offices in the deal.
2 min read · 21 August 2023
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