Samantha Rowan

The Miami-based alternative lender anticipates a rise in distressed transactions – but in a way that is very different than in past cycles.  

The pair, veterans of the Los Angeles-based real estate private credit manager, are planning an expansion while maintaining the firm’s core focus and values.

Todd Henderson, co-global head of real estate at New York-based manager DWS, believes interest rates will be range-bound in the coming months. 

The New York-based investment manager earlier this year completed two significant acquisitions, said Marc Zahr, co-president and head of real estate.  

Speaking at the Federal Reserve’s annual 2024 Jackson Hole conference, chairman Jerome Powell delivered the news that the US central bank could cut rates at its September meeting.

With the transaction, Trimont will manage a total of $640bn of loans in the US, or about 11% of the US commercial real estate lending market.

The Boca Raton-based manager has hired Ian Russell from Singerman Real Estate as part of the initiative. 

Willy Walker, chairman and chief executive of Bethesda-based Walker & Dunlop, sees signs of a market recovery.

The firm has seen its pipeline in this area grow steadily for the past six months, says Larry Grantham, managing principal.

The Chicago-based manager has so far raised more than $185m for the fund, which will target subordinated debt positions.