lending

The index was at 23.71% in July, compared with 23.25% in June and 22.91 percent in May.

The bulk of capital allocated to real estate private credit strategies over the past five years has ended up in the multifamily sector, according to data from PERE Credit.

Timothy Sloan, head of commercial real estate debt at Fortress Investment Group, says the firm sees the strongest long-term outlook for senior loans. But in today’s market, its history as a distressed investor will still be critical.

Lenders are willing to originate office loans, but only for the buyers of a specific profile of workplace.

Five-property portfolio in Arizona comprises independent living, assisted living and memory care units for seniors.

The consortium of borrowers includes German institutional investors, developer SHVO and Deutsche Finance America.

The firm says scalability and sustainability are essential factors when it comes to underwriting where data is key.

Tishman Speyer purchased 422 Fulton Street, a Brooklyn mixed-use property housing a Macy’s department store, in 2015.

The Chicago-based manager has so far raised more than $185m for the fund, which will target subordinated debt positions. 

The New York-based multifamily-focused manager will expand its lending via partnerships with other lenders and government-sponsored entities.