Samantha Rowan
More C-PACE records are being set as sponsors seek lower-cost capital for construction and retrofit projects.
The transaction market remains stymied by a wide gap between buyers and sellers.
Loan originations were roughly flat in July and August, with a tilt toward construction financings or refinancings of stable properties.
Negative headlines in the mainstream press may center on other pressure points, but market participants are focused on the possibility of further rate increases.
The US multifamily markets are largely seeing strong demand indicators, but disrupted commercial real estate capital markets are complicating the situation.
Risk mitigation remains top concern amid lower-leverage dealmaking environment.
Transaction volumes will stay subdued until bank lending standards begin to ease.
The New York-based manager has had a record year of originations, closing more than $1bn of new loans over the past 12 months.
CIM Group is responding to what it sees as an upswing in business and leisure travel as the US moves past the covid-19 pandemic.
RV ownership has risen by more than 60% in the past two decades and the park sector is still heavily fragmented.