debt

The financial services company wants to bolster its business in this part of the market.

The Newport Beach-based office specialist has also had a solid leasing year as the return to office slowly picks up pace.

About a quarter of the New York-based private investment platform is focused on the real estate sector. 

Jardine, based in Dallas, joins the firm from Deutsche Bank, where he was a director and senior loan originator.

There is largely a sense the commercial real estate debt markets are in a better position today to weather a possible storm than in the run-up to the global financial crisis.

The debt markets have shown signs of life in recent weeks. Is it sustainable?

Lenders and borrowers are still making deals despite mounting concerns over the cost of capital and economic stagnation, according to George Smith Partners’ Gary Mozer.

The firm’s newest financing spans two loans, including $93.5m to refinance a triple-net portfolio of 14 assets across nine states. 

The Charlotte-based manager is seeing banks and other traditional lenders hesitate amid volatility, but it is confident in its ability to line up debt. 

The manager will use the financing, arranged by Eastern Union, to acquire regional shopping centers in Ohio, New York and beyond.