Samantha Rowan
Just 21 funds were raised in the first three quarters of 2023, compared with 51 for full year 2022.
The Real Estate Capital USA Lending Barometer tracks non-securitized senior mortgage and mezzanine and preferred equity financings across markets and sectors.
Related Companies and Blackstone are among reported bidders for the failed bank’s commercial and multifamily lending portfolios.
Spreads on new commercial real estate loans widened in October, new issue commercial mortgage-backed securities market as well as pricing from agencies.
Commercial real estate professionals give their thoughts on risk calculation after more than 18 months of interest rate hikes.
The New York-based rating agency is also forecasting a rebound in commercial mortgage-backed securities issuance in 2024.
Times of dislocation have proven to be times of innovation for the founders of five commercial real estate platforms.
Sponsors are turning to short-term loans to bridge gap to favorable interest rates. But what happens if market conditions have not materially changed by the time these loans mature is a looming question.
More family office investors are looking at short-term lending opportunities as the line between debt and equity becomes more blurred.
Rising interest rates are creating challenges for commercial real estate sponsors, complicating the refinancing of existing debt amid a shrinking lender pool, says Locust Point Capital's Eric Smith.