Home Capital markets
capital markets
While the tone of the market feels anecdotally better, transaction activity has still not yet picked up.
While there is growing interest in debt as an investment, Azelby noted the equity and the debt sides of the business remain distinct.
A lower leverage, liquidity-constrained environment makes it a good time to be a lender, market participants say.
About 26% of all capital raised during the first nine months of the year was allocated to the sector.
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.
Lending market weighs the long-term effect of this week’s 25bps rate increase.
The polls will close at midnight on Friday, February 10, 2023 and the results will be revealed in April.
A capital markets slowdown is leading owners to think creatively around leaseholds.
The tax could be up to 2.8% for New York City.
The financing will be used for the development of a San Francisco project.