Debt

Berkshire’s Schrumpf sees solid short-term lending pipeline

The Boston-based manager sees opportunities to move up in the quality spectrum in terms of both assets and partners.

Blackstone, Paramount nail extension for $975m San Francisco office loan

The loan on One Market Plaza, a San Franciso office tower, was one of the largest CMBS loans slated to mature in 2024.

NYCB stress spurs moves to resolve bank lending portfolios

Private credit lenders and other alternative sources of capital are already stepping in to work with national and regional banks to restructure loans.

Family office launches structured equity-focused real estate platform 

Pennington Partners has hired a team from Walker & Dunlop Investment Partners to make structured equity investments in industrial and multifamily properties.

BlackRock names new global co-heads of real estate

The executives will be the New York-based asset manager’s first dedicated heads of real estate since Marcus Sperber departed in 2019.

CenterSquare IM sees growing private lending opportunity as sponsors face higher-rate environment

Michael Boxer, a managing director, says operators are coming to grips with higher rates and are more willing to transact.

Invesco seeks to spur growth via targeted acquisitions

The real estate manager took a minority stake in New Jersey-based infill industrial investment manager Faropoint at the end of 2023.

AllianceBernstein’s Gordon takes a defensive stance

In an uncertain market, AllianceBernstein is seeking to balance new lending and investment opportunities with caution

Inside Ares and RXR’s New York office joint venture 

The Ares-RXR venture comes at a time when transaction activity in the city has started to tick upward and capital is starting to move.