Debt

Borrower profile: Taurus sees potential for activity boost year as valuation reset plays out 

The Boston-based manager still sees difficulty lining up debt for most projects.

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.

JLL arranges $290m New Jersey retail center refinancing 

New York Life Insurance Company and MetLife Investment Management funded the loan.

Mack launches unlevered senior transitional lending strategy

The platform aims to provide senior debt solutions for borrowers focusing on transitional properties in key growth markets.

Nearly $900bn of real estate loans are maturing in next two years, MSCI says

One-third of the maturing loans were made by CMBS lenders a decade ago; the report also finds transaction volume in February plunged from the previous year.

Blackstone’s Gray: ‘It’s a very favorable time to be a lender’

Blackstone’s president and chief operating officer considers real estate debt to be ‘an area of growth’ for the firm.

Global analysis: Despite headwinds, US remains top market for international capital

Investors are paying more attention to secular changes, including energy cost volatility and moves toward ESG.

Outlook: Market sees securitization solution should banking woes rise 

Should the CMBS market be used to resolve potential problems at regional banks, there are questions about how this could play out, however.

Analysis: Union Bank Tower financing, sale presents imperfect metric for changing market 

The discounted sale of the class A Los Angeles tower sheds some light on where values are today but does not consider a more normalized working environment.