multifamily

KKR global real estate head Ralph Rosenberg expects capital constraints to also cause pain for owners outside of the office sector.

The alternative lender has hired John Omori from Bank of Hope to spearhead the initiative, which will focus on smaller, local builders in the multifamily sector.

The firm is using this strategy as a yield play to mitigate against its bigger bets in the office and retail space.

The 569-unit project adds to development momentum fueled by private credit lenders.

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

The 30-story office tower at 55 Broad Street will be redeveloped into a 571-unit luxury apartment building.

The national and regional banks that were once the stalwarts of the commercial real estate lending market are curtailing their activity, opening the door for alternative lenders to build new borrower relationships.

The Charlotte, North Carolina manager is looking at internal value creation – especially for assets like office.

The Dayton, Ohio-based multifamily specialist continues to see good liquidity from regional banks. 

Prior to the acquisition, PacWest sold several commercial real estate loan portfolios and saw the departure of its property team.