capital markets

The firm is looking at opportunities in out-of-favor asset classes, with plans to deploy as much as $400m. 

Over the past 12 months, the firm has transacted on about $500m of acquisitions, evenly split between office and multifamily.

The firm recently arranged a $230m refinancing for a Lower Manhattan residential tower.

The financial services company wants to bolster its business in this part of the market.

Jardine, based in Dallas, joins the firm from Deutsche Bank, where he was a director and senior loan originator.

There is largely a sense the commercial real estate debt markets are in a better position today to weather a possible storm than in the run-up to the global financial crisis.

The debt markets have shown signs of life in recent weeks. Is it sustainable?

The firm last month originated a $204m construction loan for a partnership that includes Medistar Corporation and CBRE Investment Management.  

The deal signifies continued resilience in the hospitality sector, according to co-founder Elliot Eichner.

The manager is observing more hesitation from lenders, which ultimately will have an impact on transaction activity.