The hotel management company closed the deal in the last days of 2022.
Red Oak Capital, Pensam and Tower Capital are among the managers rolling out or expanding customizable programs.
The alternative credit manager's head of real estate says the current market is ‘almost uninvestable’ amid rate hikes, debt cost increases.
A long-term partnership with Earlsfort Capital Partners has allowed Minneapolis-based Castlelake to expand its lending platform in the UK and Ireland.
The value-add investor is targeting more rehab projects for potential acquisitions.
Crescit Capital Strategies' chief executive talks to Real Estate Capital USA about the state of the lending market going into 2023 – and its silver lining for some managers.
Panelists at a key London event described challenging lending market conditions.
Negative leverage is permeating the US commercial real estate debt market, with lenders and borrowers getting used to a new underwriting calculus.
More commercial real estate borrowers are taking a different tack in trying to manage rising interest rates, looking at the potential for assuming seasoned, in-place debt as an alternative to obtaining new financing when making acquisitions.
The uncertain future of office space in New York City has not dissuaded the state from taking bigger bets on the area around Pennsylvania Station. But the question is: how will it be financed?