Debt

Federal Reserve commentary seen as stage-setter for 2024

The meeting comes as transaction activity has started to tick up after a slow 2023.

Blackstone’s Gray: The ‘pillars of a real estate recovery’ are forming

Blackstone’s president says commercial real estate values are bottoming out and expects an uptick in realizations in H2.

Clarion hires Karlekar to head global research and strategy

Indraneel Karlekar returns to the New York manager, where he previously headed research during his days with affiliate ING.

Taconic Development Advisors tracks rising need for asset management

Taconic Development Advisors is also starting to see more opportunities to work with lenders and investors seeking advisory services early on when looking at troubled loans.

M&T Realty Capital shakes up senior leadership

Michael Berman will shift from chief executive to executive adviser, as M&T taps Michael Edelman as his successor.

Reven Office REIT sees first-mover advantage to finance viable properties

The new company will originate first mortgages, mezzanine debt and preferred equity investments.

Goldman Sachs sees ‘opportunities for further dispositions’ in 2024

The banking giant’s CFO said the firm ‘made substantial progress’ in selling down its commercial real estate balance sheet portfolio in 2023.

Greystar signals greater debt focus in office of CIO launch

CIO Wes Fuller says the firm will put a greater focus on strategic partners and growing its investor base.

Penner, Carpenter prepare to launch office-focused financing company

Reven Office REIT will originate first mortgages, mezzanine debt and preferred equity investments.