banks

Commercial real estate valuations are under pressure and delinquencies are rising, but most bank management teams have maintained conservative underwriting metrics.

PGIM Real Estate wants to further scale its lending platform. But the firm does not want to be all things to all borrowers.

The firm has closed about $100m of new loans since opening its doors in May and all of them have been bridge financings.

Mitigants include a relationship approach to banking and exposure in well-known markets, said Joseph Scott, senior managing director at KBRA. 

There will be several chapters to the story of the office sector's next recovery, says global chief investment officer David Steinbach.

While costs have been rising for the past decade, they are now having an impact on investment decision-making.

A factor to consider when looking at the US multifamily market is an eventual decline in interest rates.

The sponsors passed another milestone after acquiring the landmark hotel in a record transaction. 

Robert Neighoff, a portfolio manager at Mariner Investment Group, is tracking opportunity in new issue conduit and SASB paper.

Although originations are substantially below pre-pandemic levels, the market could be nearing a bottom.