Samantha Rowan
A factor to consider when looking at the US multifamily market is an eventual decline in interest rates.
The New York-based lender is funding the construction of a new 477-unit, Class A rental building with ground-floor retail.
The most significant commercial property financing transactions across US debt markets, collected in our data snapshot, updated every Tuesday.
Barings is taking a measured approach as the commercial real estate market takes the first steps toward a recovery.
The firm is delving into the role public and private strategies play in institutional investor portfolios.
Robert Neighoff, a portfolio manager at Mariner Investment Group, is tracking opportunity in new issue conduit and SASB paper.
The financing replaces an $85m acquisition loan originated in 2022 on an ultra-luxury condominium development in the Miami area.
Although originations are substantially below pre-pandemic levels, the market could be nearing a bottom.
The New York-based manager has made more than $150m in preferred equity investments over the past five months.
While debt funds have stepped in to fill the void to a certain extent as banks have scaled back, these lenders are also seeing a negative impact of a higher for longer interest rate outlook.