Berkadia arranges refinancing for Rose & Berg’s new office and retail project in trending Wynwood locale.
New credit division open for partnerships to build capacity in Sunbelt and beyond.
The liquidity is important at a time when firms are seeing substantial demand drivers, including a paucity of affordable units in target markets and beyond.
The events could be the start of a period of defaults and delinquencies for the US office market.
Despite commercial real estate’s slow start to the year, Monday Properties anticipates the potential for more acquisitions and developments.
Long-term, fixed-rate deals gain new ground back toward normality with shift.
While the tone of the market feels anecdotally better, transaction activity has still not yet picked up.
The sponsor, Adler Real Estate Partners, will use the five-year, fixed-rate loan to recap a nine-property portfolio.
The issuers are responding to more borrowers seeking shorter-term loans in the current interest rate environment.
The firm’s first investment vehicle following its acquisition by Morgan Stanley IM targets transitional amid market dislocation.