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The Houston-based REIT believes secular shifts are driving momentum around smaller retail assets.
The firm has consistently been seeing $1bn-$2bn of new loans coming through every month.
A group of lenders including Wells Fargo Bank, Bank of America and Deutsche Bank is providing a $620m acquisition commercial mortgage-backed securities loan.
The hire is part of a global push to expand its commercial real estate credit platform.
The New York-based multifamily-focused manager will expand its lending via partnerships with other lenders and government-sponsored entities.
Institutional investors are at or near their allocations to commercial real estate, which is also having an impact on capital raising.
The firm incorporates the potential for natural disasters, like flooding or hailstorms, into its investment calculus as it seeks to invest.
Honolulu-based manager makes key hires to deepen the firm’s focus on destination hotels and resorts in the US.
An oversupply of industrial space built during the covid-19 pandemic is presenting opportunities for redeveloping larger spaces into smaller suites.
Real estate equity in the US and Asia helped to drive the firm’s Q2 deployment in real assets to the highest level in over two years.