offices

The events could be the start of a period of defaults and delinquencies for the US office market. 

New York manager targeting more multifamily, select office opportunities in South Florida.

GFP Real Estate, Metro Loft Management and Rockwood Capital have secured a $536m loan from MSD Capital and Apollo to finance what will be the largest-ever office-to-residential conversion in the US.

CFO Darren King says charge-offs of most concern on fourth quarter earnings call.

Los Angeles firm closes $3.8bn of debt in 2022 across bridge, construction, mezz lines.

Americas CIO Alfonso Munk says redevelopment and gap financing rank highly alongside equity priorities.

Robert Lapidus, L&L president and CIO, says the firm is looking past New York for its next deals.

The firm also believes CMBS delinquencies could rise to top 4%. 

Torose Capital targets value-added office, retail and mixed-use following firm launch.

Over the past 12 months, the firm has transacted on about $500m of acquisitions, evenly split between office and multifamily.