Capital Markets

Federal Reserve commentary seen as stage-setter for 2024

The meeting comes as transaction activity has started to tick up after a slow 2023.

Analysis: 10-year Treasury moves into focus ahead of Federal Reserve meeting

The Federal Reserve has not changed the target rate, which has stood at a level of 5.25-5.5 percent, since July.

Blackstone’s Gray: The ‘pillars of a real estate recovery’ are forming

Blackstone’s president says commercial real estate values are bottoming out and expects an uptick in realizations in H2.

Goldman Sachs sees ‘opportunities for further dispositions’ in 2024

The banking giant’s CFO said the firm ‘made substantial progress’ in selling down its commercial real estate balance sheet portfolio in 2023.

Penner, Carpenter prepare to launch office-focused financing company

Reven Office REIT will originate first mortgages, mezzanine debt and preferred equity investments.

Blackstone’s defaulted 1740 Broadway loan sale hits the market

The $308m loan is expected to be sold for a 50% discount.

Potential rate reductions stoke optimism at CREFC

Non-bank lenders signal strong appetite to capture market share at the industry group’s annual conference in Miami.

DRC Savills enters US commercial real estate debt market

London-based manager to expand platform via a joint venture with Quadrant Real Estate Advisors.