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The national and regional banks that were once the stalwarts of the commercial real estate lending market are curtailing their activity, opening the door for alternative lenders to build new borrower relationships.
Lessons learned during the global financial crisis mean that loan workouts are often smoother than they were prior to 2007. But there is still a long way to go.
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The Charlotte, North Carolina manager is looking at internal value creation – especially for assets like office.
The Dayton, Ohio-based multifamily specialist continues to see good liquidity from regional banks. 
The city’s historic Aronson Building is being converted into a 43-story Four Seasons Residences.
The newly created role is part of the investor's revamped leadership structure under new executive chair Daniel Fournier.
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Over the past two weeks, Northcap, Calmwater Capital and Benefit Street Partners have each launched or closed real estate credit funds. 
Although venture capital funding into the sector has dropped, the firm sees investment opportunities. 
More sponsors are considering financing insured by the Department of Housing and Urban Development to move ahead with or refinance projects. 
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The advisory also tracked a substantial number of office buildings where the debt is higher than current valuations.  
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