Shihao Feng
The fund will eye opportunistic and thematic investments in real estate credit.
Brookfield’s high-profile real estate executive discussed where the firm sees the growth potential in real estate credit investments.
Interest rate volatility and policies that could affect housing and industrial development are in the spotlight.
The partners see potential to originate loans on high-quality office properties around the US.
The joint venture this week recapitalized New York’s 620 Fifth Avenue via a five-year $320m loan.
The $3.5bn transaction is the largest commercial mortgage-backed securities sale since 2021.
The manager is targeting growth opportunities amid CMBS market dislocation.
The Lending Barometer tracked 96 loans totaling $12.67bn across July and August, a level that is 15% lower than the prior two-month period.
In this podcast, MSCI’s Jim Costello and Northwind’s Ran Eliasaf discuss softer headwinds for the office sector as well as the opportunity to lend on high-quality assets and perform office-to-residential conversion programs.
Lenders are willing to originate office loans, but only for the buyers of a specific profile of workplace.