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The Los Angeles-based manager is capping off 2023 with its second fundraise for the year.
Dallas manager and New Jersey industrial specialist look to scale investment products, institutional investor base and technology through transaction.
The index was 20.73% in September, compared with 19.73% in July.
An increase in parties overseeing the workout of CMBS loans is expected as the right to appoint new servicers shifts across the capital structure, Academy Securities' Stav Gaon notes.
The Real Estate Capital USA Lending Barometer tracks non-securitized senior mortgage and mezzanine and preferred equity financings across markets and sectors.
Expectations are that there will be $5bn-$7bn of new conduit issuance in the fourth quarter, market analysts told Real Estate Capital USA.
Related Companies and Blackstone are among reported bidders for the failed bank’s commercial and multifamily lending portfolios.
Sponsors are turning to short-term loans to bridge gap to favorable interest rates. But what happens if market conditions have not materially changed by the time these loans mature is a looming question.
As commercial real estate sponsors increasingly turn to short-term loans for near-term maturities, they are looking for lenders that can be a partner in today’s volatile market, say Aaron Krawitz and Aidan Birnbaum of Bravo Capital.
Rising interest rates are creating challenges for commercial real estate sponsors, complicating the refinancing of existing debt amid a shrinking lender pool, says Locust Point Capital's Eric Smith.