Regions

The asset class remains difficult to finance but leasing and visitation levels are slowly rising.

A higher for longer interest rate environment, a shift toward onshoring and the impact of climate change will all affect the way lenders need to assess risk going forward.

The firm has an almost 95% occupancy rate in its office portfolio.

As the multifamily sector has evolved into a number of distinct subsectors, lenders and investors are taking a new look at where value lies in the capital stack – and which asset classes are set to outperform.

The Vancouver-based real estate investment management company this month named John Creswell to head capital raising as it seeks to expand its lending and investment base.

The firm anticipates opportunities on the debt and equity side as the commercial real estate market moves closer to a reboot.

The New York-based private equity manager joined forces with Canada Pension Plan Investment Board and Rialto Capital on the acquisition.

The polls will close at midnight PST on Monday, January 15 and the results will be revealed in April.

The firm hopes to provide mezzanine and preferred equity financing for sponsors in its target markets which are facing short-term capital challenges.

While the change in sponsor attitude has not yet been reflected in transaction volume, market participants are pointing to anecdotal situations over the past 30 to 60 days which shed light on the shift.