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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
Negative sentiment and macroeconomic and geopolitical concerns continue to hold back the market, panelists said at PERE America.
The firm last month hired Kukulka, who spent more than a decade as the global head of capital markets and deputy chief operating office of the real estate and infrastructure division of the Abu Dhabi Investment Authority, to spearhead this growth.
The city's chief climate officer is ‘serious’ about enforcing Local Law 97 to reduce carbon emissions of the city’s biggest assets by 2030.
The Irvine, California-based manager will acquire properties on an all-cash basis before lining up debt when interest rates normalize.
The New York-based banking giant has been working to actively reduce its balance-sheet exposure to the sector since the start of the year.
The concern is that when rate cuts finally happen, the magnitude of these cuts could be lower than expected. 
Mortgage distress
Specialist lenders are gearing up for distress in various ways, such as creating short-term structured credit platforms to originate mezzanine debt or preferred equity.
Legislative changes planned by the US Federal Reserve, Office of the Comptroller of the Currency and the Federal Deposit Insurance Corporation would affect banks with more than $100bn in assets.
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