Shihao Feng
The Los Angeles-based real estate manager is seeking more large-scale projects.
The New York-based alternative lender originated the loan on behalf of MCR Hotels and Island Capital Group.
The US commercial mortgage-backed securities market is gearing up for a strong finish to 2023 after a tepid year of issuance.
As insurance costs rise, the commercial real estate market is assessing the impact of natural disasters on a local and asset-specific basis.
The bill, HR 5580, aims to amend an existing tax code to allow the deferral of the tax incurred on loan reductions for troubled commercial real estate loans.
The joint venture secured a $750m floating-rate CMBS deal backed by a pair of luxury Florida resort properties.
The firm cited concerns over the workouts of New York’s 1740 Broadway, which has seen its servicer replaced twice since entering special servicing.
The decline in commercial mortgage-backed securities volume tracks a larger dip in transaction volume.
Commercial real estate lenders are increasingly concerned about the impact that rising insurance costs.
Commercial real estate borrowers are turning toward alternative lenders as banks continue to scale back their activity.