Evelyn Lee
Starwood now expects less troubled deal flow to emerge in the non-performing-loan space from the current pandemic crisis than it did before. But that should not worry investors which committed to its latest ‘distressed’ fund.
The Miami Beach-based private investment firm will be the third private real estate manager to amass double-digit billions for a single property fund.
Oaktree’s substantial deployment of its latest property fund is not indicative of dealflow in the market overall, but rather that it is ahead of the pack.
The Miami-based investment firm has completed its biggest-ever initial closing with its latest property vehicle, which is also the largest in market.
These debt handlers are front-and-center of the real estate distress unfolding during the covid-19 crisis.
Rising foreclosure rates show relief has not prevented some borrowers from losing their properties – and they give a glimpse of what is to come next year.
The Miami-based firm expects most loans in special servicing to become performing again, largely because of higher credit standards post-GFC.
The world’s largest CMBS servicer says its actual special servicing activity during the covid-19 crisis is more than what the numbers show.
The Europe-focused private equity real estate firm has hired a team from Kennedy Wilson to invest in the world’s largest property market.
The wall of capital will likely mean lower returns for property credit strategies. But that has not deterred institutional capital from piling in, as this record-breaking close will attest.
If you do not receive this within five minutes, please try to sign in again. If the problem persists, please email: