Inside Madison Realty Capital’s distressed investing playbook
Financing commercial real estate projects at a time of steep interest rates is no simple feat. CMBS issuance tumbled...
Financing commercial real estate projects at a time of steep interest rates is no simple feat. CMBS issuance tumbled...
Freeze, thaw, chill, repeat. The CMBS market — a key source of financing for commercial real estate — has been on a wild ride in recent weeks as the broader financial markets have skidded...
Rising interest rates are sinking CMBS activity, bringing the market back to earth after a banner year in 2021. Banks issued $20.6 billion of securities backed by real estate loans in the second quarter,...
The market for commercial mortgage backed securities is back and bigger than ever. Private-label CMBS issuance surged to $109.1...
Cerberus Capital Management, the parent organization of FirstKey Homes, landed a $616.1 million CMBS loan from Morgan Stanley, the...
Bad commercial debt is getting harder to find. Since peaking at 10 percent last June, the delinquency rate for...
Blackstone’s real estate investing arm is following up its record third quarter with a massive refinancing package. Blackstone Real...
A hedge fund that lost millions betting against commercial real estate now claims that JPMorgan forced it to call off the gamble at the worst time, then pumped up the price of paying its...
Real estate owners have had a rocky love affair with cheap debt. Commercial real estate’s fixation with low interest rates has dragged it to China to court EB-5 investors and to Israel’s nascent bond...
Hudson’s Bay Company successfully restructured a massive CMBS loan, reportedly ending an 18-month saga that included accusations of undermining...