banks

The most significant commercial property financing transactions across US debt markets, collected in our data snapshot, updated every Tuesday.

Private debt funds increasingly see opportunities to join forces with banks to expand their lending platforms, according to Justin Pinckney, head of private debt at AEW Capital Management.

Traditional lenders are coming back to the commercial real estate space, but at lower leverage levels than in the past.

The move is expected to have a positive impact on liquidity in the commercial real estate market.

A division of Webster Bank provided the credit line, which will allow Bayport to expand nationally. 

The senior and mezzanine financing will be used to start development of the 200-acre Riverwalk San Diego project in Southern California.

The Federal Reserve’s move to cut interest rates by 25 basis points will help accelerate transaction volume through year-end, lenders believe.

The New York-based advisory, which focuses more on the debt markets, is seeing a rise in requests for debt and equity from its clients.

Debt and equity capital are available for development, but institutional investors are still shying away from new construction. 

The seven-hotel portfolio is in Southern California and totals 601 rooms.