Multifamily Housing

Kingbird sees glimmers of mispriced risk

The Boston-based manager believes there will be an opportunity to fill gaps in the capital stack in 2023.

Borrower profile: Muss Development narrows deals flow to stricter parameters 

There is a chance for well-capitalized companies which see opportunities to allocate to rescue capital for short-term investment opportunities.

Newmark arranges $535.8m acquisition loan for New York residential conversion

GFP Real Estate, Metro Loft Management and Rockwood Capital are set to buy the 22-story, 1.1 million-square-foot office at 25 Water Street.

Basis poised to grow multifamily lending via Fannie Mae DUS designation

The firm is the first African American- and women-owned lender to obtain a DUS designation.

Wells Fargo to expand New York area mid-market lending business

The bank has added a new platform, hiring a JPMorgan veteran as team co-leader.

Multifamily lending sees steep drop in volume 

The reasons behind the drop are easy to understand: a combination of lower transaction volume, higher interest rates and the steepest inflation in 40 years.

Lendlease, Aware Super secure $360m construction financing

A four-bank syndicate arranged the loan for an 834-unit Brooklyn development.

Benefit Street Partners preps for early innings of debt market volatility

The alternative credit manager’s head of real estate says the current market is ‘almost uninvestable’ amid rate hikes, debt cost increases.

Lenders are seeing manufactured housing opportunities through a new lens

The segment saw a surge of investment in 2021, which showed resilience during the pandemic and currently has the strongest occupancy of all property types.