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As managers and investors continue to struggle with liquidity issues, it is no longer business as usual for real estate recapitalizations.
Austin Texas
New credit division open for partnerships to build capacity in Sunbelt and beyond.
Cars in traffic in Downtown Los Angeles at sunset.
The firm’s first investment vehicle following its acquisition by Morgan Stanley IM targets transitional amid market dislocation.
An outdoor plaza filled with trees in Miami's Wynwood district.
New York manager targeting more multifamily, select office opportunities in South Florida.
As this shift occurs, the firm is seeing more interest from investors who like the way debt looks when stacked up against an uncertain equity market.
Awards trophy
The polls will close at midnight on Friday, February 10, 2023 and the results will be revealed in April.
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.
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.
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