Samantha Rowan
The meeting comes as transaction activity has started to tick up after a slow 2023.
The Federal Reserve has not changed the target rate, which has stood at a level of 5.25-5.5 percent, since July.
Taconic Development Advisors is also starting to see more opportunities to work with lenders and investors seeking advisory services early on when looking at troubled loans.
The London-based manager is targeting US commercial real estate debt originations via a partnership with Quadrant Real Estate Advisors.
The new company will originate first mortgages, mezzanine debt and preferred equity investments.
Reven Office REIT will originate first mortgages, mezzanine debt and preferred equity investments.
The $308m loan is expected to be sold for a 50% discount.
London-based manager to expand platform via a joint venture with Quadrant Real Estate Advisors.
The financings come at a time when few lenders have been funding construction loans.
The long cycle has meant a dearth of workout specialists as lenders and borrowers seek to modify loans.