Capital Markets

3650 REIT lines up $430m of new commitments via CalSTRS, Temasek

The Miami-based national real estate lender also brought on an undisclosed wealth advisory firm in its first commitment of this kind.

Analysis: Putting September’s rate cut into context

The bottom line is that directionally, lenders and borrowers have more confidence in the Federal Reserve’s progress on inflation and a softening economic backdrop.

Analysis: Surprise 50 basis point rate cut sets more stable course

The Federal Reserve’s decision to cut interest rates by 50 basis points is not expected to have a significant impact on commercial real estate lending and borrowing.

Analysis: Hersha privatization, lower rates foreshadow rise in REIT M&A activity 

An expected 25-basis point rate cut at the Federal Reserve’s next meeting will be pivotal as private equity funds seek to deploy dry powder.

Madison Realty closes debt fund at $2bn

The New York-based investment manager will buy whole loans and performing- and non-performing notes, and provide additional financing through the fund.

KKR identifies potential $300bn credit gap as banks scale back lending 

Alternative lenders and the commercial mortgage-backed securities market could help plug the gap, per a report released this week.

3650 REIT brings on Burstein to bolster special servicing function 

The Miami-based alternative lender anticipates a rise in distressed transactions – but in a way that is very different than in past cycles.

Slate, Fundamental tap JPMorgan for $210m NYC affordable housing refi

JPMorgan Chase structured the transaction via Freddie Mac’s Multifamily Q series.