Lenders need to work better with data in order to drive operational efficiencies, says Mike Sroka, CEO of Dealpath, a San-Francisco-based deal management platform for commercial real estate debt and equity investors.
Borrowers are seeking speed and certainty over execution of loan terms, says Bryan Donohoe, partner and head of real estate debt at Ares.
With a consensus set around the top property types and locations, debt fund managers at the PERE America Forum discussed ways to stand out.
Even with the headline risk around the retail sector, there are selective opportunities for investment and development.
The firm sees a dearth of available capital for mid-market bankruptcies, for DIP financings of $50m or less.
The workhorse of the commercial property finance market is down but might not be out.
The move comes as the Securities and Exchange Commission in October published a report calling for greater access to private funds for individual investors.
The firm is also seeing increased borrower focus on speed of execution.
An uneven recovery may lead to a divergence in sector-specific NPL ratios.
An uneven recovery may lead to a divergence in sector-specific NPL ratios.