Samantha Rowan
The Ares-RXR venture comes at a time when transaction activity in the city has started to tick upward and capital is starting to move.
As another real estate cycle begins, it is the managers investing in debt as well as equity that believe they are best set.
Mixed-use properties and public-private partnerships are also new structures that market participants are eyeing.
The meeting comes as transaction activity has started to tick up after a slow 2023.
The Federal Reserve has not changed the target rate, which has stood at a level of 5.25-5.5 percent, since July.
Taconic Development Advisors is also starting to see more opportunities to work with lenders and investors seeking advisory services early on when looking at troubled loans.
The London-based manager is targeting US commercial real estate debt originations via a partnership with Quadrant Real Estate Advisors.
The new company will originate first mortgages, mezzanine debt and preferred equity investments.
Reven Office REIT will originate first mortgages, mezzanine debt and preferred equity investments.
The $308m loan is expected to be sold for a 50% discount.