Anna-Marie Beal
Though the firm is worried about the impact of rising construction costs.
Underwriting loans in the sector could become more difficult if wages aren’t commensurate with rent increases.
The move comes as more borrowers are turning to non-bank lenders.
Has appetite for sustainability-linked lending strategies stalled, or is green bond issuance looking to rise in 2022?
The firm is seeing distress creep in as the covid-19 pandemic continues to tamp down recovery.
Institutional allocations are also favoring this segment of the credit markets.
The firm is considering select deals in the office and hospitality sectors.
The firm also recently launched a commercial loan product targeting stable situations.
The firm is buying excess condo inventory in New York and Silicon Valley.
As real estate debt strategies become more important to institutional investors, US managers are beefing up their offerings.