Capital Markets

Borrower profile: Muss Development narrows deals flow to stricter parameters 

There is a chance for well-capitalized companies which see opportunities to allocate to rescue capital for short-term investment opportunities.

Newmark arranges $535.8m acquisition loan for New York residential conversion

GFP Real Estate, Metro Loft Management and Rockwood Capital are set to buy the 22-story, 1.1 million-square-foot office at 25 Water Street.

Basis poised to grow multifamily lending via Fannie Mae DUS designation

The firm is the first African American- and women-owned lender to obtain a DUS designation.

JLL arranges $290m Philadelphia life sciences construction loan

Corebridge Financial funded the loan, with The Baupost Group providing additional equity.

Multifamily lending sees steep drop in volume 

The reasons behind the drop are easy to understand: a combination of lower transaction volume, higher interest rates and the steepest inflation in 40 years.

Barings anticipates refinancing, construction lending uptick in 2023

The firm’s head of real estate debt portfolio management says that sidelined banks are shifting the paradigm for active lenders.

Lenders and borrowers prepare for a muted distressed environment

Executives from Goldman, Blackstone, GIC, Starwood and Mack Real Estate discussed the next wave of sector opportunities at a recent NYU panel.

Lenders launch bespoke lending programs to tackle funding gaps 

Red Oak Capital, Pensam and Tower Capital are among the managers rolling out or expanding customizable programs.

Canyon Partners’ Potts: Finding order in volatile markets

Robin Potts, co-head of real estate investments at Canyon Partners, talks with Real Estate Capital USA about navigating a period of historic volatility.

KBRA sees steep drop in CMBS, commercial real estate CLO issuance in 2023

Despite headwinds around CMBS issuance, downgrade risks are not severe.