Finance
Meadow Partners Raises $530M for 6th Flagship Fund
This opportunistic fund targets investments in commercial real estate as well as preferred equity and distressed debt.
Brookfield Lands $750M for Lower Manhattan Tower
Last year, the company acquired a 49 percent interest in the asset from Blackstone for $1 billion.
Mack Real Estate Lands $63M for Phoenix Industrial Project
At full build-out, the campus could include up to 1.2 million square feet.
Regional Banks Retreat as CRE Loans Mature
How the stepped-up risk of bank defaults is impacting new financings and existing loans.
LA Studio Campus Project Lands $130M
This development is the adaptive reuse of a cold storage warehouse.
Howard Hughes Lands $130M Refi for Houston-Area Office Tower
The deal addresses the firm’s largest debt maturity in the next two years.
Capital Ideas: Dissecting Distress
Will lower interest rates help troubled CRE borrowers in the office market? Not likely, says Trepp’s Lonnie Hendry.
Vornado Lands $400M Refi for Manhattan Mixed-Use Tower
The funds retire a $500 million loan from 2019.
CIM Group Commits $125M to North Dakota Data Center
The loan is expandable to as much as $200 million.
Office Absorption to Stay Negative Through 2025
Will borrowers be able to refinance and meet their debt service coverage?