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Taconic provided a mezzanine loan on the class A property.
Berkadia has tracked an interest in investors willing to view and have conversations on potential deals.
Many institutions have retreated from direct lending in favor of the investment risk diversification offered by credit vehicles.
Women represent a substantial percentage of private real estate professionals, but men have a monopoly on the role of the entrepreneur.
The firm is targeting preferred equity and mezzanine debt deals of $2m to $10m.
Global real estate boss Robert Rackind will be departing the Swiss bank within a month following its merger with UBS.
Goldman Sachs, US Bank, Franklin BSP executives anticipate more stress and higher debt costs.
The imminent sale of a Class A Downtown Manhattan office will provide another important metric.
The Starwood-owned portfolio’s appraisal value has risen 35%% since December 2021.
-80x80.jpg "Cain strikes deal to acquire $1.2bn New York-area loan portfolio from PacWest")
The sale comes after PacWest sold another substantial portfolio to Kennedy Wilson earlier this month.