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'There's a reset in the real estate markets,' says Lee Menifee, head of Americas.
Subramanian talks multifamily, industrial outlook as markets see paradigm shift.
A portion of the proceeds of GSMS 2022-ECI, along with about $105 million of subordinate mezzanine financing and another $24 million of sponsor equity, will be used to refinance existing debt.
Inflation, potential recession factor into new lending opportunities across LA manager’s portfolio.
The city has seen many multifamily deals in recent months, but concerns remain around affordability.
A surprise Federal Reserve rate hike and subsequent rhetoric from the country’s central bank threatens to slow down a red-hot market.
Moss Family Office subsidiary targets Texas, Florida housing projects with first $40m fund.
The deal backs 3650’s forecast that there will be long-term demand for short-occupancy rental units in South Florida.
First Republic’s Gaye Erkan to succeed founder Steve Rosenberg.
Fourth iteration of debt fund focuses on multifamily, office, senior housing and logistics.