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Newmark arranged the loan on behalf of GFP Real Estate for the construction of a new office space for the Legal Aid Society.
Several bridge and construction lenders have already discussed a halt in lending for the near-term.
Joint venture secures trio of loans to refinance Essex Crossing live-work-play assets.
Surging employee demands combined with an unprecedented number of openings are producing major hiring headwinds for real estate debt firms.
More than 50% of the firm’s total multifamily portfolio is comprised of fixed-rate loans.
The Austin-based C-PACE provider, which was acquired in January by Athene Holdings, is seeing more owners looking to upgrade their properties to address sustainability or resiliency issues.
The investor type is coming into its own as an alternative source of commercial real estate financing.
The participants in affiliate title PERE’s global debt roundtable consider economic opportunities in a world transformed by the war in Ukraine.
The venture will initially be focused on Tier I and Tier II submarkets, predominantly in the western United States.
Attendees at last week’s RECON conference were optimistic about the prospects for the retail sector and beyond.