Home Capital markets

capital markets

An office to life sciences conversion could be a new lease on life for an old property, but lenders need to take into consideration the underlying risks associated with the tenants leasing the space. 
Still, Trimont’s chief commercial officer Mitchell Hunter believes there are reasons for optimism.
The mortgage REIT in May upsized its revolving credit facility from $45m to $65m.
Newmark arranged the loan on behalf of GFP Real Estate for the construction of a new office space for the Legal Aid Society.
Several bridge and construction lenders have already discussed a halt in lending for the near-term.
A significant uptick in the commercial real estate debt markets has increased demand for underwriting and analysis services.
Surging employee demands combined with an unprecedented number of openings are producing major hiring headwinds for real estate debt firms.
Brian Ward, the mortgage real estate investment trust’s new CEO, outlines an aggressive, streamlined strategy for borrowers in the sub-$50m space. 
The US manager, which entered the European real estate debt space in 2020, is aiming to bring a long-term source of capital to the market.
More than 50% of the firm’s total multifamily portfolio is comprised of fixed-rate loans.
pcredit
pcredit

Copyright PEI Media

Not for publication, email or dissemination