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A growing number of commercial real estate managers have launched or expanded their lending platforms over the past three to six months.
Speaking at the PERE Network Europe Forum, the CEO and CIO of the asset management giant said Europe’s debt funding crisis is about to intensify.
Monday Properties and Pacific Elm Properties this week also lined up financing for high-quality office assets.
A narrative is emerging for high-quality offices that sit between behemoths like New York’s One Vanderbilt and commodity properties.
Jesse Hom will join the firm in June as it looks to expand its real estate presence amid bank lending pullback.
The roughly 670,000-sq-ft trophy office is about 90% leased.
The Slate Property Group lending arm has ramped up construction completion lending with increased demand for development capital.
Default risk in the multifamily sector is growing, catching out some managers and their investors – while creating opportunities for others.
The most significant commercial property financing transactions across US debt markets, collected in our data snapshot, updated every Tuesday.
Berkadia arranged two of the financings, which will increase the Arkansas-based lender’s presence across South Florida.