Home Authors Posts by Anna-Marie Beal

Anna-Marie Beal

Sponsors Baron Property Group and MG Developer are planning a mixed-use, apartment property slated for completion in Q2 2024. 
First mortgages with high LTVs were still being originated in the first half of 2022, but less so than during the same period last year.
A rear view of a concerned businessman as he places his hand on his head and looks up at a U.S. One Dollar bill coupled with a downward trending arrow and chart on the wall in front of him. This image illustrates the concept of a falling, or weakening U.S. dollar.
Hudson Valley Property Group continues to see liquidity from a wide range of lenders for its assets.  
The Seattle manager this week originated its first mezzanine loans. 
The vehicle, which marks the sixth iteration of its debt fund series, approaches $1bn in commitments.
The firm’s total construction lending this year tops $1.6bn. 
The Irvine, California-based manager thinks the slowdown could be a sign of things to come.
Debt funds and other alternative managers see room to fill the void where banks have pulled back. 
The funding is split into a $67.6m mezzanine loan and a $147.5m senior loan.
The borrower, Carter Multifamily, secured the floating-rate loans through Freddie Mac.
recusa
recusa

Copyright PEI Media

Not for publication, email or dissemination