Home Capital markets
capital markets
The venture will initially be focused on Tier I and Tier II submarkets, predominantly in the western United States.
Attendees at last week’s RECON conference were optimistic about the prospects for the retail sector and beyond.
As of March, MetLife Investment Management had $70.8bn in commercial mortgage loans AUM as part of its $99.5bn commercial real estate portfolio.
The manager just completed the sale of a fully leased, 1.1 million square foot warehouse portfolio in North Las Vegas.
The report from analytics firm MSCI and its Real Capital Analytics group also zeroes in on a shift toward niche sectors.
The firm sees a gap in financing for diverse, mid-market managers.
The firm saw its roster of institutional investors spike in its second affordable housing fund.
The loan – for a Wilmington bank headquarters – carries a term of 10 years and was originated on behalf of local manager Buccini/Pollin.
The firm’s investors like US multifamily so much they’re willing to live with current disruptions.
The Timbercreek North American Mortgage Fund will go long on short-term deals.