Samantha Rowan
Over the past two weeks, Northcap, Calmwater Capital and Benefit Street Partners have each launched or closed real estate credit funds.
The advisory also tracked a substantial number of office buildings where the debt is higher than current valuations.
A key theme the REIT is following is a migration of people leaving cities for the suburbs.
Berkadia's Foschini dives into why the structure is drawing more attention from sponsors today.
The firm originated a $57m cash-neutral refinancing loan earlier this month for a Charlotte apartment property.
Sponsors Trinity Investments and Oaktree Capital management obtained the loan to refinance existing debt.
The Florida-based private equity manager is looking to pick up market share left in bank lenders' absence.
There continues to be a significant disconnect between the city’s employment rate and its vacancy rate.
The Los Angeles-based manager believes the properties had substantial long-term potential and wanted to align the debt on the assets with that vision.
Dallas manager finding better debt opportunities compared to equity deals at present.