debt

A higher for longer interest rate environment, a shift toward onshoring and the impact of climate change will all affect the way lenders need to assess risk going forward.  

As the multifamily sector has evolved into a number of distinct subsectors, lenders and investors are taking a new look at where value lies in the capital stack – and which asset classes are set to outperform.

The firm anticipates opportunities on the debt and equity side as the commercial real estate market moves closer to a reboot.

The New York-based multifamily investor has been looking selectively at deals, but believes rates are too high to move ahead with transactions. 

The firm hopes to provide mezzanine and preferred equity financing for sponsors in its target markets which are facing short-term capital challenges.

Brookfield raises concerns about Signature Bank loan portfolio sale; US Congress proposes legislation to boost workforce housing creation; lenders say the clock is ticking for borrowers with near-term maturities; and more in today’s Term Sheet, exclusively for our valued subscribers.

While the change in sponsor attitude has not yet been reflected in transaction volume, market participants are pointing to anecdotal situations over the past 30 to 60 days which shed light on the shift.

Dallas manager and New Jersey industrial specialist look to scale investment products, institutional investor base and technology through transaction.

Just 21 funds were raised in the first three quarters of 2023, compared with 51 for full year 2022.

He launches real estate investment management firm Makarora to capitalize on current market opportunities.