Samantha Rowan
Meet the 50 largest fundraisers in the US commercial real estate lending market.
The CEO believes real estate private credit could become the biggest part of the Toronto-based manager’s global property business.
There was little movement among the firms occupying the top spots in the PERE Credit 50, demonstrating the difficulty smaller managers can face in scaling their platforms.
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.