lending

Washington, DC, shopping mall will be redeveloped into mixed-use asset with 320 apartment units.

The sector is being hit by rising interest rates and other trends also affecting the broader commercial real estate debt markets.

The imminent sale of a Class A Downtown Manhattan office will provide another important metric.

The financings will be used for projects in Miami and Brooklyn.

The firm is using a tech-driven platform that allows it to more easily control how and when borrowers access capital.

Carlos Slim’s Banco Inbursa funded the senior mortgage.

This is the Washington-based company’s first ever credit-focused investment vehicle.

The US hotel sector is largely defying expectations as the country emerges from the pandemic, but it continues to be a bifurcated market, Rob Murray writes

JLL Capital Markets arranged the $220m loan, of which about $65.8m is comprised of preferred equity. 

However, some institutions believe equity deals still are more attractive than debt investments in multiple respects.