Samantha Rowan
Todd Henderson, co-global head of real estate at New York-based manager DWS, believes interest rates will be range-bound in the coming months.
The New York-based investment manager earlier this year completed two significant acquisitions, said Marc Zahr, co-president and head of real estate.
Speaking at the Federal Reserve’s annual 2024 Jackson Hole conference, chairman Jerome Powell delivered the news that the US central bank could cut rates at its September meeting.
With the transaction, Trimont will manage a total of $640bn of loans in the US, or about 11% of the US commercial real estate lending market.
The Boca Raton-based manager has hired Ian Russell from Singerman Real Estate as part of the initiative.
Willy Walker, chairman and chief executive of Bethesda-based Walker & Dunlop, sees signs of a market recovery.
The firm has seen its pipeline in this area grow steadily for the past six months, says Larry Grantham, managing principal.
The Chicago-based manager has so far raised more than $185m for the fund, which will target subordinated debt positions.
The New York-based private credit manager believes the long-term destruction of value will present lending and recapitalization opportunities.
Higher interest rates and construction costs are making development more expensive, according to Coraly Rodriguez, partner.