Samantha Rowan
The loan comes as lenders see a niche to provide financing to help sponsors complete projects.
West Street Real Estate Credit Partners IV will have more than $7bn of lending capacity.
The Tokyo-based multinational bank provided the loan for a 25-asset industrial portfolio.
The Paris-based bank is seeking to increase financing options for alternative lenders.
It is taking longer for deals to get done – and market participants do not expect that to change anytime soon.
The Stern Center for Sustainable Business believes New York’s largest banks and lenders will play a key role in a broader decarbonization strategy.
The firm's global head of real estate Ralph Rosenberg raises the question of whether the sector is in for a near-term period of significant defaults.
The Paris-based manager’s global head of research and strategy believes it will be difficult to predict timing on a potential recovery, however.
A narrative is emerging for high-quality offices that sit between behemoths like New York’s One Vanderbilt and commodity properties.
The roughly 670,000-sq-ft trophy office is about 90% leased.