borrowers

With the transaction, Trimont will manage a total of $640bn of loans in the US, or about 11% of the US commercial real estate lending market.

The Boca Raton-based manager has hired Ian Russell from Singerman Real Estate as part of the initiative. 

Willy Walker, chairman and chief executive of Bethesda-based Walker & Dunlop, sees signs of a market recovery.

The Chicago-based manager has so far raised more than $185m for the fund, which will target subordinated debt positions. 

The New York-based private credit manager believes the long-term destruction of value will present lending and recapitalization opportunities.

Higher interest rates and construction costs are making development more expensive, according to Coraly Rodriguez, partner.

A group of lenders including Wells Fargo Bank, Bank of America and Deutsche Bank is providing a $620m acquisition commercial mortgage-backed securities loan.

The Miami investment manager has a $1.2bn pipeline of lending deals on which it will execute over the next two years.

Institutional investors are at or near their allocations to commercial real estate, which is also having an impact on capital raising. 

Real estate equity in the US and Asia helped to drive the firm’s Q2 deployment in real assets to the highest level in over two years.