interest rates

One-third of the maturing loans were made by CMBS lenders a decade ago; the report also finds transaction volume in February plunged from the previous year.

Paradigm Advisory Group, formed by Raymond Chalme and Daniel Blanco, aims to help lenders and borrowers stabilize the value of New York’s office and residential assets.

The shift comes as borrowers and lenders think creatively about ways to finance transactions in a volatile market.  

PIMCO-backed Columbia Property Trust defaulted on $1.7bn in February.

SVB fallout is ‘not comparable’ to regional banks' commercial real estate debt exposure, says Fed chair Jerome Powell.

Government and bank intervention has raised questions over the future of affected real estate debt.

SVB and Signature, along with troubled bank First Republic, had been major sources of financing for many real estate managers.

Bridging short-term cash shortages, this option can help borrowers buy time. 

As managers and investors continue to struggle with liquidity issues, it is no longer business as usual for real estate recapitalizations.

The lending market continues to operate in an environment of low visibility for valuations.