Capital Markets

The Fed’s recent rate cut is not expected to significantly move the needle for commercial real estate lenders and borrowers, but provides and indicator of stability.

The index was at 23.71% in July, compared with 23.25% in June and 22.91 percent in May.

The bulk of capital allocated to real estate private credit strategies over the past five years has ended up in the multifamily sector, according to data from PERE Credit.

Andrew Smith will focus on expanding the Florida manager’s credit platform as it plans fund launch.

Franklin BSP Realty Trust’s Comparato breaks down the transaction, which marks a bright spot for a quiet sector.

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

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.

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.