Sectors

PERE’s relaunch – The editors’ take

PERE’s editors share the biggest highlights from our newly integrated real estate capital markets service, which launched this week.

Ares’ SoCal retail trophy financing demonstrates private credit expansion

The Los Angeles-based manager picks up exposure to the kind of hard-to-replicate asset that previously was most often financed by bank lenders and the securitized market.

Ares funds $447m acquisition loan for SoCal retail trophy

A sponsor group including Redwood West, Panattoni and Prime purchased Victoria Gardens from Brookfield Properties and QIC in a $530 million deal.

Portfolio allocations set to shift back toward retail inclusion

Stabilizing asset values are leading institutional investors to take another look at the once-beleaguered sector.

Positive signals are seeing lenders look ahead to next-gen retail

Spreads on newly originated retail loans were largely stable in the third quarter, according to Trepp research.

CMBS can illuminate dark spots hidden beneath the veneer of retail’s renaissance

Class A bond holders in New York’s Palisades Center have taken a 30% loss in a rare case in the CMBS SASB market.

Mortgage REITs usher in ‘changing of the guard’ for lending

As GSEs pull back in multifamily, mortgage REITS are set to step in.

Blackstone closes $515m loan for Kushner’s Jersey City mega-development

The financing originated by BREDS replaces prior senior debt from AIG and a mezzanine loan from Related’s credit funds business for the first phase of The Journal.