Samantha Rowan
The Toronto-based manager is looking at the city on a long-term basis.
The attainable housing specialist is seeing a push toward asset management.
Private credit lenders and other alternative sources of capital are already stepping in to work with national and regional banks to restructure loans.
Pennington Partners has hired a team from Walker & Dunlop Investment Partners to make structured equity investments in industrial and multifamily properties.
The California-based manager is seeing more opportunities as banks take closer looks at their balance sheets.
Bipartisan legislation is targeted toward middle-income families whose income is too high to allow them to qualify for low-income housing.
The multifamily sector could be in the crosshairs of the coming distress.
The Ares-RXR venture comes at a time when transaction activity in the city has started to tick upward and capital is starting to move.
As another real estate cycle begins, it is the managers investing in debt as well as equity that believe they are best set.
Mixed-use properties and public-private partnerships are also new structures that market participants are eyeing.