lenders

The most significant commercial property financing transactions across US debt markets, collected in our data snapshot, updated every Tuesday.

The report cites hurdles that include the impact of loan structures and rate resets for real estate private equity firms looking at portfolio or one-off acquisitions. 

The developer, Terra, will use the financing for the first phase of a $1bn mixed-use community in South Florida.

Bank regulatory requirements and borrower tax implications are preventing resolution for stressed loans.

The firm sees a clear opportunity to expand its platform as banks scale back their commercial real estate lending platforms.

The project, being developed by Ascendant Capital Partners, is in the city’s West Village submarket.

The index was at 24.46% in September, versus 24% in August and 23.71 percent in July.

The New York State Teachers’ Retirement System continues to be the top investor in US commercial real estate private credit.

Managers are looking at the historically underallocated investor group as they seek to expand their platforms.

The median real estate manager could beat private equity returns by 20 basis points over the next decade, he said at PERE Network’s America Forum.