Home Banks
banks
Bank sale mirrors similar moves by Capital One and Pacific Western Bank to add liquidity amid market stress.
Lack of money center banks is creating more space for private credit lenders with multifamily, industrial and construction lending.
The Dallas-based manager is still struggling with pricing on the properties which come across its desk.
The manager has expanded the geographic scope and timeframe of its previous analysis in its latest estimate.
The Philadelphia-based investment management company is assembling a portfolio of class A offices.
The firm is launching the deal at a time when segments of the retail sector are showing signs of resilience.
Private credit manager picks up substantial exposure to New York City offices in the deal.
The alternative lender has hired John Omori from Bank of Hope to spearhead the initiative, which will focus on smaller, local builders in the multifamily sector.
Joint venture between Canyon Partners Real Estate, Charney and Tavros contributes $64.4bn of equity to fund the deal.
Criterion Group and Columbia Pacific Advisors will use the funding for a portfolio of last-mile logistics centers across 9 states.