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The New York-based manager will make investments in disrupted commercial real estate capital stacks.
The commercial real estate market is operating against a backdrop in which higher interest rates have caused widespread declines in real estate values – and higher loan-to-value ratios.
The New York-based manager is expected to close $300m in loans over the next 30 days as debt funding gaps and needs persist.
Florida-based manager looks to elevate $750 million fund to capitalize on private lending opportunities.
The Toronto-based manager is looking at the city on a long-term basis.
The Boston-based manager sees opportunities to move up in the quality spectrum in terms of both assets and partners.
Michael Boxer, a managing director, says operators are coming to grips with higher rates and are more willing to transact.
Mixed-use properties and public-private partnerships are also new structures that market participants are eyeing.
The meeting comes as transaction activity has started to tick up after a slow 2023.
Michael Berman will shift from chief executive to executive adviser, as M&T taps Michael Edelman as his successor.