Randy Plavajka

Berkadia arranged two of the financings, which will increase the Arkansas-based lender’s presence across South Florida.

Co-CIO Rich Kleinman says more niche categories are entering the mainstream with prior portfolio staples such as office investments in value limbo.

A divide exists between senior managers and more junior staffers, according to a survey completed in June 2023 by Real Estate Capital USA and the CRE Finance Council.

JPMorgan has originated a $500m senior loan to help build the mixed-use development One Beverly Hills.

CBRE IM and Hillwood will use the funding for Phase 1 of speedway conversion into a 6.6 million-square-foot industrial complex.

The New York-based manager is expected to close $300m in loans over the next 30 days as debt funding gaps and needs persist.

Freddie Mac provides $335m of funding alongside investments from CPP and Harbor Group.

Florida-based manager looks to elevate $750 million fund to capitalize on private lending opportunities.

The loan on One Market Plaza, a San Franciso office tower, was one of the largest CMBS loans slated to mature in 2024.

Private credit lenders and other alternative sources of capital are already stepping in to work with national and regional banks to restructure loans.