banks

Private credit lenders and other alternative sources of capital are already stepping in to work with national and regional banks to restructure loans.

The multifamily sector could be in the crosshairs of the coming distress.

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.

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.

Michael Berman will shift from chief executive to executive adviser, as M&T taps Michael Edelman as his successor.

The banking giant's CFO said the firm ‘made substantial progress’ in selling down its commercial real estate balance sheet portfolio in 2023.

The $308m loan is expected to be sold for a 50% discount.

Non-bank lenders signal strong appetite to capture market share at the industry group’s annual conference in Miami.