alternative lenders

CIM Group will follow a strategy similar to what it does it the US in which it works as a partner for banks.

The deal makes the New York company the fourth-largest US mortgage REIT.

JLL arranged financing for Longfellow following borrower’s recent Bank OZK, Square Mile deal.

The loan, which is secured by properties owned by the manager’s Sponda platform, has been placed into special servicing.

The US trails the EU on adoption of ESG investment principles, with a consensus that more incentives are needed for momentum.

The liquidity is important at a time when firms are seeing substantial demand drivers, including a paucity of affordable units in target markets and beyond.

The firm’s first investment vehicle following its acquisition by Morgan Stanley IM targets transitional amid market dislocation.

The firm is looking to grow its debt platform and recently hired Dean Dulchinos as head of debt portfolio management to oversee activity. 

As this shift occurs, the firm is seeing more interest from investors who like the way debt looks when stacked up against an uncertain equity market.

It is rare for balance-sheet lenders to agree to forward commit to a project of this size given the market rate component of it.