Sectors

The great reset: How the office sector is setting the stage for what comes next

Rising interest rates and the reality of a post-covid-19 world mean valuations and leverage across all asset classes will be reset. Keys being handed back on office deals is a an indicator that has begun.

Receivership spells new path forward for Los Angeles trophy E&Y Plaza 

The property is the latest Los Angeles office building to experience severe headwinds.

Oaktree secures loan extension for iconic Los Angeles tower 

The New York manager acquired the property at 444 South Flower at a UCC auction in January.

Aareal, Credit Agricole co-lead $500m loan for New York office tower

MetLife, PacLife and Bank ABC were also part of the syndicate for the SL Green-owned property.

Brookfield defaults on $161m office loan as extension options expire 

Brookfield also defaulted on a pair of Los Angeles office properties in February.

Morning Calm rolls out $500m office financing joint venture

CEO Mukang Cho says the firm will target structured debt investments in the office sector.

Refinancing lessons from the Diplomat Hotel deal

A look at Trinity Real Estate Investments and Credit Suisse Asset Management’s $835 million purchase of the Diplomat Beach Resort.

Creativity reigns as office, hotel conversions rise

Market specialist Malcolm Davies at WAY Capital believes there is a need for more pragmatism and creativity around office conversion projects.