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Facing a wall of maturities in a rising rate environment, borrowers need the one thing that could prove impossible to get.
The tax could be up to 2.8% for New York City.
The outside facade of a student housing asset at night.
The fixed-rate financing will back acquisition of five US student housing assets.
The financing will be used for the development of a San Francisco project.
The company has no expectations that the investment sales market will unlock in the near-term.
However, Ronald Dickerman, founder of Madison International Realty, thinks private real estate’s secular repricing is still several quarters away.
The loan servicer predicts finance will focus on bridging the debt funding gap and green upgrades, says Serenity Morley, managing director, loan servicing, at Mount Street.
Wooden block cube flipping from 2022 to 2023
The biggest question on everyone’s mind is when the market will transact again.
2023 numbers
The drop in transaction volume is directly tied to higher mortgage rates.
new york
The metrics from first three quarters of the year tell a different story than the past few weeks
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