Cmbs

Ares makes the case for alternative lender expansion 

National and regional banks are expected to reduce commercial real estate lending, which opens the door for the private markets.

RFR to contribute new equity for $1bn Seagram Building extension

The New York-based manager received a one-year extension, with an additional 12-month extension option.

Borrower profile: RADCO set to bolster hotel portfolio

The opportunity is driven in part by what is going on in the debt markets, with financing more difficult to line up for sponsors than in years past.

Banking consolidation could hit real estate refinancing efforts 

Higher interest rates could also stall efforts to refinance maturing debt.

Bank failures put spotlight on concentration risk for CRE cash management 

One lesson learned from the global financial crisis was that there needs to be a strict chain of control over cash management accounts.

Mount Street targets majority stake sale

The loan servicing firm is understood to have appointed Investec to market it to prospective buyers.

Brookfield defaults on $161m office loan as extension options expire 

Brookfield also defaulted on a pair of Los Angeles office properties in February.

Outlook: Market sees securitization solution should banking woes rise 

Should the CMBS market be used to resolve potential problems at regional banks, there are questions about how this could play out, however.

Pending Parkmerced, Parkway mezzanine loan sales highlight mezzanine investor role

The pending sales of discounted mezzanine loans highlight mezzanine investors’ role.

K-LOC Index: KBRA Credit Profile tracks a slight dip in January

While there has been recovery in the retail and lodging sectors, challenges remain.