lending

The index stood at 19.12% in May, compared to 18.09% in March.

Joint venture between Canyon Partners Real Estate, Charney and Tavros contributes $64.4bn of equity to fund the deal.

Pension funds have committed $935bn to managers in the first half of this year.

Negative leverage is becoming more pervasive – but it is also providing borrowers with a lifeline for a brighter day.

Criterion Group and Columbia Pacific Advisors will use the funding for a portfolio of last-mile logistics centers across 9 states.

US bank lenders will face stricter capital requirements with proposed regulatory changes.

The Boston-based manager looks to focus on this area of the market through its Taurus Capital Solutions platform. 

The Los Angeles-based manager raised an aggregate $500m for its funds targeting the strategy in the second quarter of 2023.

Fixed-rate loans have increased in popularity following months of market volatility.

Borrowers and lenders alike are keeping an eye on rising levels of distress, while the industry faces roughly $1.3trn of loans slated for maturity over the next three years.