banks

The Philadelphia-based investment company is working with Historically Black Colleges and Universities to capitalize and development workforce developments.

The bottom line is that directionally, lenders and borrowers have more confidence in the Federal Reserve’s progress on inflation and a softening economic backdrop.

The Chicago-based firm joins a growing list of managers targeting distress.

The Federal Reserve’s decision to cut interest rates by 50 basis points is not expected to have a significant impact on commercial real estate lending and borrowing.

An expected 25-basis point rate cut at the Federal Reserve’s next meeting will be pivotal as private equity funds seek to deploy dry powder.  

Alternative lenders and the commercial mortgage-backed securities market could help plug the gap, per a report released this week. 

While prices and the availability of financing have fallen as interest rates remain high, the industrial sector is on a different trajectory, BKM Capital Partners said in a white paper released this week.

The loan will be used by DECA and Wildcat joint venture to build Perris Gateway.

JPMorgan Chase structured the transaction via Freddie Mac’s Multifamily Q series. 

Todd Henderson, co-global head of real estate at New York-based manager DWS, believes interest rates will be range-bound in the coming months.