Samantha Rowan
Recent financing for ground-up developments include a $750m loan funded by Otera Capital for the first phase of Tishman Speyer’s Harvard University Enterprise Research Campus.
The Real Estate Capital USA Lending Barometer tracks non-securitized senior mortgage and mezzanine and preferred equity financings across markets and sectors.
Pension funds have committed $935bn to managers in the first half of this year.
Fixed-rate loans have increased in popularity following months of market volatility.
Basis Investment Group's Tammy Jones says commercial mortgage back securities offer a chance for higher yields in a risk-off environment, but the opportunity is transitory.
Sean Fulp, vice-chair and head of office capital markets for the Southwest at Colliers, believes technological and workforce changes mean previous business plans are no longer viable.
Lotus, a New York-based advisory, arranged the loan on behalf of Monroe Capital and Witkoff Group.
Distress is rising, but there are three important things servicers, lenders and borrowers need to keep front of mind.
Balloon loans originated 10 years ago on small and mid-market properties are facing near-term maturity dates.
Higher interest rates and looming maturities has meant that asset management and loan servicing has been a dominant theme in 2023.