debt

The firm is stepping into areas that were once more prominently the domain of banks. 

Speaking at the Federal Reserve’s annual 2024 Jackson Hole conference, chairman Jerome Powell delivered the news that the US central bank could cut rates at its September meeting.

The financing for Zeckendorf, Atlas and Baupost will fund the construction of the luxury 80 Clarkson development.

The Toronto-based manager has formed a partnership with Declaration Partners to fund preferred equity investments. 

The California manager funded loans across New York, Washington, DC, Florida and Arizona through July and August.

The Boca Raton-based manager has hired Ian Russell from Singerman Real Estate as part of the initiative. 

Willy Walker, chairman and chief executive of Bethesda-based Walker & Dunlop, sees signs of a market recovery.

The Chicago-based manager has so far raised more than $185m for the fund, which will target subordinated debt positions. 

The New York-based private credit manager believes the long-term destruction of value will present lending and recapitalization opportunities.

Higher interest rates and construction costs are making development more expensive, according to Coraly Rodriguez, partner.