The benchmark 10-year Treasury needs to be reliably in a range of 4-4.5% for transaction activity to resume.
2 min read · 09 January 2025
The Toronto-based manager wanted to find a buyer for the London office tower by 20 January, prior to the expiration of the underlying commercial mortgage-backed securities loan.
3 min read · 03 January 2025
Bank regulatory requirements and borrower tax implications are preventing resolution for stressed loans.
2 min read · 17 December 2024
The index was at 23.71% in July, compared with 23.25% in June and 22.91 percent in May.
1 min read · 03 October 2024
Andrew Smith will focus on expanding the Florida manager’s credit platform as it plans fund launch.
2 min read · 02 October 2024
The Miami-based national real estate lender also brought on an undisclosed wealth advisory firm in its first commitment of this kind.
3 min read · 24 September 2024
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.
4 min read · 23 September 2024
China Life Insurance, one of the building’s sponsors, agreed to provide £192m of equity following a statement earlier this month it would not be able to do so.
3 min read · 16 September 2024
Noteholders and lenders have voted to extend senior and mezzanine facilities, due to mature on 16 September, on seven office assets near the country’s two main cities
3 min read · 16 September 2024
The debt secured on the 36-storey office building is due to be repaid in January 2025.
3 min read · 05 September 2024