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Brookfield raises concerns about Signature Bank loan portfolio sale; US Congress proposes legislation to boost workforce housing creation; lenders say the clock is ticking for borrowers with near-term maturities; and more in today’s Term Sheet, exclusively for our valued subscribers.

While the change in sponsor attitude has not yet been reflected in transaction volume, market participants are pointing to anecdotal situations over the past 30 to 60 days which shed light on the shift.

The Los Angeles-based manager is capping off 2023 with its second fundraise for the year.

Dallas manager and New Jersey industrial specialist look to scale investment products, institutional investor base and technology through transaction.

He launches real estate investment management firm Makarora to capitalize on current market opportunities.

The New York-based rating agency is also forecasting a rebound in commercial mortgage-backed securities issuance in 2024.

Times of dislocation have proven to be times of innovation for the founders of five commercial real estate platforms.

Newmark’s Jimmy Kuhn and Fried Frank’s Jon Mechanic say developers need support to convert obsolete properties.

PERE America’s keynote speaker told members capital market dislocation means managers need to prioritize conversations with their lenders.

Monday Properties has historically also pivoted its portfolio as markets dynamics change