lending

The most recent real estate cycle lasted for almost 10 years but the returning president’s policies could mean the next one is a lot shorter.

The offering, and other debt deals completed via TASE, allowed Moinian Group to expand its debt and equity platforms.

The 10-year Treasury last week hit its highest level since April, rising to 4.7 percent on January 8.

The financing for Fisher Brothers includes $108m of C-PACE capital.

The benchmark 10-year Treasury needs to be reliably in a range of 4-4.5% for transaction activity to resume.

The JLL-brokered deal for Genesis Marina is backed by a JV between Phase 3 Real Estate Partners and Bain Capital Real Estate.

Terra will use the permanent financing for the first phase of its Centro City development.

But the implementation of Basel III regulations and sponsors that are increasingly comfortable with non-bank lenders will help keep the playing field level.

Benefit Street Partners, ORIX USA and Harbor Group International share their outlook for interest rates, borrower headwinds and mortgage real estate investment trusts. 

The borrower is an affiliate of Fort Partners, a developer based in Fort Lauderdale, Florida.