The multifamily sector continues to be a favored place for lenders and investors, buoyed by the supply-demand fundamentals.
The firm originated the loan on behalf of The Dinerstein Companies, a relationship borrower.
A divide exists between senior managers and more junior staffers, according to a survey completed in June 2023 by Real Estate Capital USA and the CRE Finance Council.
Borrowers and lenders continue to be held back by higher interest rates and a lack of clarity on valuations, notes an advisory executive.
American South Fund Management lined up a $50m commitment to expand its real estate impact investment for attainable housing.
The US commercial real estate debt markets continued to grapple with high interest rates, falling valuations and macroeconomic and geopolitical forces in a year when transaction activity dropped steeply. Find out which organizations and deals were voted the best in 2023.
Elevated interest rates and limited transaction volumes constrained the US commercial real estate markets in 2023. But alternative lenders bet selectively on deals ahead of the next market cycle.
Higher interest rates continued to stall the US commercial real estate market in 2023, but alternative lenders and their investors are hopeful that opportunity will knock in 2024.
Walker & Dunlop's chairman and chief executive takes a deep dive on the commercial real estate market and discusses the growth of the firm.
The interest rate outlook is still critical to the recovery of commercial real estate.