Samantha Rowan
The city’s historic Aronson Building is being converted into a 43-story Four Seasons Residences.
Banks brace for office losses, but demonstrate more stability.
Over the past two weeks, Northcap, Calmwater Capital and Benefit Street Partners have each launched or closed real estate credit funds.
The advisory also tracked a substantial number of office buildings where the debt is higher than current valuations.
A key theme the REIT is following is a migration of people leaving cities for the suburbs.
Berkadia's Foschini dives into why the structure is drawing more attention from sponsors today.
The firm originated a $57m cash-neutral refinancing loan earlier this month for a Charlotte apartment property.
Sponsors Trinity Investments and Oaktree Capital management obtained the loan to refinance existing debt.
The Florida-based private equity manager is looking to pick up market share left in bank lenders' absence.
There continues to be a significant disconnect between the city’s employment rate and its vacancy rate.