Home Debt
debt
Bank capital requirement changes and shrinking balance sheets are opening doors in multifamily, industrial and construction.
More sponsors are considering financing insured by the Department of Housing and Urban Development to move ahead with or refinance projects.
The advisory also tracked a substantial number of office buildings where the debt is higher than current valuations.
Dallas manager finding better debt opportunities compared to equity deals at present.
Taconic provided a mezzanine loan on the class A property.
Many institutions have retreated from direct lending in favor of the investment risk diversification offered by credit vehicles.
The manager is the latest to target accredited investors via a credit-focused strategy.
Head of originations says larger ticket loans on deck for Los Angeles debt manager.
The firm is targeting preferred equity and mezzanine debt deals of $2m to $10m.
Commercial real estate sponsors and lenders are looking at the language around transitioning derivatives contracts tied to the benchmark.