interest rates

The firm is looking to offer more HUD loans as an alternative to borrowers in today’s capital-constrained market.

Manager will pay a total of $2.07bn for asset-backed loans, and a portion of its unfunded commitments.

Investors should avoid a ‘wait-and-see’ approach to the unfolding financial turmoil, says Kevin Tatro, Trimont’s managing director of special servicing

This is the Washington-based company’s first ever credit-focused investment vehicle.

The firm detailed in a report its Q2 outlook and long-term view of the commercial real market’s return focus.

One-third of the maturing loans were made by CMBS lenders a decade ago; the report also finds transaction volume in February plunged from the previous year.

Paradigm Advisory Group, formed by Raymond Chalme and Daniel Blanco, aims to help lenders and borrowers stabilize the value of New York’s office and residential assets.

The shift comes as borrowers and lenders think creatively about ways to finance transactions in a volatile market.  

PIMCO-backed Columbia Property Trust defaulted on $1.7bn in February.

SVB fallout is ‘not comparable’ to regional banks' commercial real estate debt exposure, says Fed chair Jerome Powell.