Regions

Madison Realty originates $133m loan for Hudson Yards hotel development 

Marx Development Group is building the 51-story, 379-key tower.

Starwood Property Trust enters mid-market lending

The firm is responding to a pullback from bank lenders, chairman and chief executive Barry Sternlicht said on Starwood Property Trust’s Q4 earnings call.

Borrower focus: Los Angeles investor leverages public-private partnerships  

The firm accesses tax credits and other forms of financing for its multifamily-focused investments and developments in underserved communities.

Slate originates $60m bridge loan to complete Queens condo project

The New York-based manager is expected to close $300m in loans over the next 30 days as debt funding gaps and needs persist.

Pollack leaves Blackstone for top post at Starwood Capital

Jonathan Pollack, who will officially come on board at Starwood in 2025, will join the firm at a time when alternative lenders are expected to be able to significantly increase their market share.

Lenders eye more medical office deals amid broader asset class volatility

Market participants see increased competition for institutional-quality assets as private credit lenders look to increase their niche exposure.

Greystone originates $420m refi for Miami’s Panorama Tower

Freddie Mac provides $335m of funding alongside investments from CPP and Harbor Group.

Treasury volatility, valuation uncertainty complicate exit cap rate calculations

The yield on the 10-year Treasury topped out at 5 percent in October before falling to less than 3.8 percent at the end of 2023.

CREFC webinar: Advancing diversity, equity and inclusion in CRE

Join senior leaders from Trimont, Ballard Spahr, CREFC and REC USA to gain insights on advancing DE&I progress in the real estate industry.