Although originations are substantially below pre-pandemic levels, the market could be nearing a bottom.
The proposals' implementation is expected to prompt a major expansion in private credit providers’ lending platforms.
The New York-based manager has made more than $150m in preferred equity investments over the past five months.
About $4.2bn of near-term hotel maturities are facing refinancing difficulties in today’s higher for longer environment.
A $1.4bn offering on a portfolio of data centers owned by Blackstone capped a strong week for a surging CMBS market.
The New York-based manager has raised $1.3 billion for C-PACE lending series over the past 12 months, backed by appetite from insurance companies.
The sponsors lined up the financing after acquiring the property from Brookfield Asset Management last year.
While debt funds have stepped in to fill the void to a certain extent as banks have scaled back, these lenders are also seeing a negative impact of a higher for longer interest rate outlook.
Mark Roberts, head of research for Crow Holdings Capital, looks at the metrics of the multifamily sector to potentially provide insight on the Federal Reserve’s next moves.
Ahead of the Federal Reserve’s June 11 meeting, hopes for rate cuts have plummeted from as many as three to potentially none.