Debt

BGO, Synergy secure extension for $375m Boston office loan

The duo extend debt for four years on the office asset amid sector volatility.

BKM Capital: Industrial assets escape interest rate scourge

While prices and the availability of financing have fallen as interest rates remain high, the industrial sector is on a different trajectory, BKM Capital Partners said in a white paper released this week.

Affinius, Bank OZK fund $135m SoCal industrial development

The loan will be used by DECA and Wildcat joint venture to build Perris Gateway.

3650 REIT brings on Burstein to bolster special servicing function 

The Miami-based alternative lender anticipates a rise in distressed transactions – but in a way that is very different than in past cycles.

Gul, Fishbach lay out Mesa West expansion framework 

The pair, veterans of the Los Angeles-based real estate private credit manager, are planning an expansion while maintaining the firm’s core focus and values.

Slate, Fundamental tap JPMorgan for $210m NYC affordable housing refi

JPMorgan Chase structured the transaction via Freddie Mac’s Multifamily Q series.

DWS’s Henderson sees end of real estate capital markets recession

Todd Henderson, co-global head of real estate at New York-based manager DWS, believes interest rates will be range-bound in the coming months.

Blue Owl’s Zahr outlines real estate credit opportunity set 

The New York-based investment manager earlier this year completed two significant acquisitions, said Marc Zahr, co-president and head of real estate.

Leste Credit prepares to scale small-balance lending platform 

The firm is stepping into areas that were once more prominently the domain of banks.

Powell signals long-anticipated interest rate cut

Speaking at the Federal Reserve’s annual 2024 Jackson Hole conference, chairman Jerome Powell delivered the news that the US central bank could cut rates at its September meeting.