Capital Markets

Structured investments emerge as distinct commercial real estate asset class

The commercial real estate market, which has been in a value correction cycle for the past two years due to higher interest rates and cap rates, will see this correction continue until interest rates settle.

Bizzi+Bilgili lines up rare office construction loan via Cain International

The financing is notable given the paucity of capital allocated to the office sector as well as a decline in construction lending over the past year to 18 months.

MIPIM 2024: A return to optimism, but lower expectations for a near-term reboot

The optimism comes as the commercial real estate debt markets gear up for an estimated $930bn of refinancing.

Alternative lenders striking bank partnerships to restructure, acquire maturing loans

As banks seek to address commercial real estate exposure, alternative lenders are stepping in to acquire or help restructure loans.

Canyon’s Potts sees stressed situations rise as borrowers hit maturity walls

Today’s market requires a lot of creativity because a lot of solutions that sponsors are looking for on assets that have capital needs are not necessarily available.

PGIM Real Estate’s McDonnell sees pivot toward shorter-term loans

The firm expects rates to stay higher for longer, bringing more creative financing opportunities over the next 18 months and beyond.

Steinbridge creates debt capital markets, capital raising role ahead of $1.3bn pipeline push 

The firm has hired Jay Dunn from RFR Realty to head up capital raising and debt capital markets as it looks to execute on a heavy multifamily and residential pipeline.