Capital Markets

Lenders wait for clarity as New York office deals emerge

The imminent sale of a Class A Downtown Manhattan office will provide another important metric.

Troubled mall portfolio sees significant jump in appraisal valuation

The Starwood-owned portfolio’s appraisal value has risen 35%% since December 2021.

Cain strikes deal to acquire $1.2bn New York-area loan portfolio from PacWest

The sale comes after PacWest sold another substantial portfolio to Kennedy Wilson earlier this month.

Pearlmark, Waterton fund mezzanine loan for Tempe mixed-use project

Carlos Slim’s Banco Inbursa funded the senior mortgage.

Basis closes B-piece acquisition as CMBS relative value plays emerge 

The firm compared the leverage and yields on the B-piece with similar metrics for preferred equity or mezzanine debt investments.

Regional banking volatility sets the stage for lender shift

Debt funds and alternative lenders step into the space left by banks, Real Estate Capital USA data shows.

John Grayken: ‘Once there is a general consensus, usually it’s too late for investors like us’

Lone Star founder John Grayken sees a limited window for distressed investing while most people wait for private real estate market conditions to settle. He discusses it with Jonathan Brasse.

Douglaston taps Wells Fargo, Ares for $287m Brooklyn construction loan

Greystone arranged the financing package for 1057 Atlantic Avenue.

Hotel roundtable: Checking in to a financing oasis

The US hotel sector is largely defying expectations as the country emerges from the pandemic, but it continues to be a bifurcated market, Rob Murray writes

Debt markets seek signs of stability as deal ceiling extension nears 

In the short-term, a resolution will bring benchmark Treasury yields down slightly, especially on the short-end of the curve.