Randy Plavajka
Boston, San Francisco and San Diego are target areas for future conversion playbook alongside select STEM-friendly markets.
Joint venture secures trio of loans to refinance Essex Crossing live-work-play assets.
The niche sector has continued gaining momentum and investor interest from institutional capital.
Lenders have big questions to ask when issuing debt to the office market now that there is a gulf between Class A and B assets.
As of March, MetLife Investment Management had $70.8bn in commercial mortgage loans AUM as part of its $99.5bn commercial real estate portfolio.
Moinian Group, Bushburg chart a new 14-story mixed-use asset in Brooklyn.
With its HUD business bulked, the New York manager eyes more transitional multifamily amid inflation, interest rate and cost pressures.
Four senior executive hires mark new strategy emphasis across real estate sectors.
The $500m strategy will focus on bridge opps across most sectors and market sizes.
CEO Al Rabil says a heavier tilt toward direct origination will be a priority during its deployment.