banks

The long cycle has meant a dearth of workout specialists as lenders and borrowers seek to modify loans.

Hines and Urban Street Development will use the financing for the first phase of a multifamily, office and retail project.

The long cycle has meant a dearth of workout specialists as lenders and borrowers seek to modify loans.

Real Estate Capital USA’s most popular stories of the year included its annual ranking of real estate debt funds, in-depth analysis on borrower strategies to extend loans and in-depth interviews with senior industry executives.

The asset class remains difficult to finance but leasing and visitation levels are slowly rising.

A higher for longer interest rate environment, a shift toward onshoring and the impact of climate change will all affect the way lenders need to assess risk going forward.  

The Vancouver-based real estate investment management company this month named John Creswell to head capital raising as it seeks to expand its lending and investment base.

The firm anticipates opportunities on the debt and equity side as the commercial real estate market moves closer to a reboot.

Brookfield raises concerns about Signature Bank loan portfolio sale; US Congress proposes legislation to boost workforce housing creation; lenders say the clock is ticking for borrowers with near-term maturities; and more in today’s Term Sheet, exclusively for our valued subscribers.

While the change in sponsor attitude has not yet been reflected in transaction volume, market participants are pointing to anecdotal situations over the past 30 to 60 days which shed light on the shift.