strategies

Market specialist Malcolm Davies at WAY Capital believes there is a need for more pragmatism and creativity around office conversion projects.

The firm is moving ahead despite volatility in the global financial markets. 

The Boston-based investor and developer launched its credit platform late 2022.

Capro Capital JV is targeting $500m for its first fund, launching with $100m of equity.

Participating preferred equity has features of both preferred and joint venture equity, Berkadia’s Cody Kirkpatrick told Real Estate Capital USA. 

Bridging short-term cash shortages, this option can help borrowers buy time. 

The sponsor, Adler Real Estate Partners, will use the five-year, fixed-rate loan to recap a nine-property portfolio. 

About 26% of all capital raised during the first nine months of the year was allocated to the sector.

Anuj Gupta, who joined Boise-based commercial real estate lender A10 Capital in October as its new chief executive officer, sees potential for significant growth for the company in 2023.

Property owners face a dilemma. One firm thinks it has a solution.