Difficult market conditions are causing challenges for US real estate, but Schroders Capital’s Michelle Russell-Dowe and Jeffrey Williams argue alternative lenders are set to benefit as embattled US banks withdraw from lending.
Inside: The Debt Fund 40 – meet the biggest fundraisers in US commercial real estate debt; How to capitalize on a transatlantic strategy; Expert comment and analysis from Kayne Anderson Real Estate, ArrowMark Partners and Schroders Capital; Plus much more…
Private real estate lenders need to focus on underwriting in today’s uncertain market, but there are opportunities for well-funded players offering flexibility, says Kayne Anderson Real Estate’s Andrew Smith
As the US commercial real estate market faces a wall of loan maturities – over $1.5trn over the next three years – taking a creative approach is highly important, says ArrowMark Partners’ Rob Brown.
Real Estate Capital USA presents the 2023 edition of its Debt Fund 40 ranking.
Methodology for our ranking of the top capital raisers in US commercial real estate debt.
The ranking’s biggest lenders were PGIM and KKR, lending a combined total of $74.2bn between 2018 and 2022.
The US hotel sector is largely defying expectations as the country emerges from the pandemic, but it continues to be a bifurcated market, Rob Murray writes
The House passes US debt ceiling extension; another Brookfield LA office is heading into receivership; imminent California legislation opens the door to more affordable housing and asset conversion projects; and more in today’s Term Sheet, exclusively for our valued subscribers.
Inside: The great reset – Handing back the office keys is a sign of things to come; A roundtable with the hotel sector’s leading figures; The power of positive lending; Plus much more…