capital markets

While borrowers are already feeling the impact of higher interest rates, the low DSCRs will present a particular problem as refinancing looms. 

Aegon AM analysis shows cycle peak possibly achieved amid market uncertainty.

Gupta sees the potential to expand the firm’s senior secured bridge and permanent loan business over the next two or three years.  

The firm is seeking situations in which it can provide rescue equity or make other investments is an extension of the firm’s existing business.

Rising interest rates across global markets are having a cooling effect on the volume of assets changing hands and causing a lack of clarity over valuations.

Pricing is expected to reset as interest rates rise over the next 12-24 months.  

It is getting harder for New York’s mid-market office owners with maturing debt to line up new loans.

The manager is looking across sectors and deal types for new business activity.

Even with a more predictable lending environment, CARROLL is still expecting to see a disconnect between buyers and sellers – partly driven by the availability of debt and rates – through the end of the year.

The program was rebooted earlier this year to raise the minimum threshold for investment.