offices

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.

The 74-story mixed-use property will be the tallest building in Texas when it comes online in 2026.