Borrowers

Cascade Financial provides financing for individual borrowers seeking to buy manufactured homes.

The Dallas-based lender raised $148.6m in its first close.

Property lenders are keeping their cool amid the slide in bonds, but their focus on asset selection is set to intensify.

Special servicers are now rolling up their sleeves.

As billions in commercial real estate loans come due in a higher-rate environment, advisers and servicers are finding plenty of solutions.

Borrowers in today’s market have a lot of options, but they might find there is only so much they can do.

With $1.8trn of ZIRP-era loans now maturing, the market is shifting from extend-and-pretend to disciplined resolution, and abundant capital is bifurcating sharply between prime assets and distressed pockets.

John Richardson joins the firm from Arbor Realty Trust, where he filled a similar role.