The Toronto-based manager wanted to find a buyer for the London office tower by 20 January, prior to the expiration of the underlying commercial mortgage-backed securities loan.
3 min read · 03 January 2025
The manager says many borrowers will need a range of rescue capital solutions next year.
3 min read · 02 January 2025
A commercial real estate recovery depends on a predictable environment.
1 min read · 01 January 2025
PERE Credit’s most-read stories include forward-looking interviews with senior real estate executives detailing expansion plans and our annual ranking of real estate debt funds.
4 min read · 31 December 2024
Speaking at PEI Group’s Women in Private Markets Summit, the capital markets specialist said banks want to issue indirect real estate loans.
4 min read · 30 December 2024
The report cites hurdles that include the impact of loan structures and rate resets for real estate private equity firms looking at portfolio or one-off acquisitions.
2 min read · 27 December 2024
Insurance costs have skyrocketed over the past seven years due to a supply-demand imbalance stemming from the frequency and severity of weather events.
3 min read · 24 December 2024
Special servicer SitusAMC has agreed to a one-year extension on the loan backed by The Squaire, which was set to mature this month.
2 min read · 23 December 2024
Sponsors Taubco and Landau Properties are planning to building a trophy office on Bay Harbor Island.
1 min read · 20 December 2024
