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distressed debt

Default risk in the multifamily sector is growing, catching out some managers and their investors – while creating opportunities for others.
A foggy view across Midtown Manhattan in New York City.
Private credit lenders and other alternative sources of capital are already stepping in to work with national and regional banks to restructure loans.
Atlanta skyline
Atlanta loan servicer and advisory dials up data efforts as market remains hindered by wide bid-ask spreads.
Miami skyline
Miami manager will allocate $175m toward providing debt financing for value-add and distressed opportunities.
KKR global real estate head Ralph Rosenberg expects capital constraints to also cause pain for owners outside of the office sector.
The future of conference and event centers lies uncertain despite broader pandemic recovery tailwinds.
Los Angeles Callodine affiliate manager targets recession-resilient sectors including logistics and storage, but is also not afraid of steering away from the herd.

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