Anna-Marie Beal
Diversity is changing the commercial real estate lending game
Alternative lenders see a future with fewer defaults and more collaboration.
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.
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.