Capital Markets

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.

CBRE IM identifies financing gap for modern logistics space 

Approximately 83% of logistics properties were constructed prior to 2000, the firm found.

Lightstone launches $500m rescue capital platform

The New York-based manager will make investments in disrupted commercial real estate capital stacks.

Treasury volatility, valuation uncertainty complicate exit cap rate calculations

The yield on the 10-year Treasury topped out at 5 percent in October before falling to less than 3.8 percent at the end of 2023.

Hodes Weill’s Hodes: 10% fund reserves are now ‘insufficient’

Most assets need an additional 15-20% in reserves to address refinancing issues, according to the advisory firm’s co-founder.

Inside Brookfield’s San Francisco multifamily expansion

The Toronto-based manager is looking at the city on a long-term basis.