debt

Florida-based manager looks to elevate $750 million fund to capitalize on private lending opportunities.

The Toronto-based manager is looking at the city on a long-term basis.

The attainable housing specialist is seeing a push toward asset management.

The Boston-based manager sees opportunities to move up in the quality spectrum in terms of both assets and partners.

The loan on One Market Plaza, a San Franciso office tower, was one of the largest CMBS loans slated to mature in 2024.

Private credit lenders and other alternative sources of capital are already stepping in to work with national and regional banks to restructure loans.

Pennington Partners has hired a team from Walker & Dunlop Investment Partners to make structured equity investments in industrial and multifamily properties.

The executives will be the New York-based asset manager's first dedicated heads of real estate since Marcus Sperber departed in 2019.

Michael Boxer, a managing director, says operators are coming to grips with higher rates and are more willing to transact.

The real estate manager took a minority stake in New Jersey-based infill industrial investment manager Faropoint at the end of 2023.