banks

The national and regional banks that were once the stalwarts of the commercial real estate lending market are curtailing their activity, opening the door for alternative lenders to build new borrower relationships.

The Dayton, Ohio-based multifamily specialist continues to see good liquidity from regional banks. 

Prior to the acquisition, PacWest sold several commercial real estate loan portfolios and saw the departure of its property team.

New York City industrial development agency tax incentives rounded out the financing on East End Studios campus.

Over the past two weeks, Northcap, Calmwater Capital and Benefit Street Partners have each launched or closed real estate credit funds. 

Bank capital requirement changes and shrinking balance sheets are opening doors in multifamily, industrial and construction.

A key theme the REIT is following is a migration of people leaving cities for the suburbs.

Chief executive says institutional interest is picking up further as high-quality hotel assets hold up.

The Florida-based private equity manager is looking to pick up market share left in bank lenders' absence. 

Former PacWest division will focus on non-recourse bridge and construction financing following move.