distressed debt


The Latest

“Far fewer active buyers, far fewer deals, an increase of deals falling out of contract.” Distressed asset investors are still waiting for their “opportunity of the century” to materialize. (Credit: iStock)

Pricing gap stalls distressed asset investors, for now

Distressed asset investors might have to wait a bit longer for their “opportunity of the century,” as the coronavirus...

Pricing gap stalls distressed asset investors, for now
The coronavirus pandemic has put billions of dollars worth of commercial real estate loans on shaky ground. Distressed debt funds are having no trouble raising money to scoop them up. Some even have to turn investors away. (Credit: iStock)

“We had to turn investors away:” Distressed RE funds raising cash at breakneck pace

Florida-based firm Kayne Anderson just raised $1.3 billion for a distressed debt fund in just two weeks. It normally...

“We had to turn investors away:” Distressed RE funds raising cash at breakneck pace
As the coronavirus crisis sends property values tumbling, funds focused on opportunistic and distressed-asset investments sense a greater opportunity than that seen during the 2008 financial crisis. (Credit: iStock)

Coronavirus distress is “opportunity of the century” for real estate investors

As the coronavirus crisis sends property values tumbling, real estate investors sense an even greater buying opportunity than the...

Coronavirus distress is “opportunity of the century” for real estate investors
From left: The Row Hotel at 700 8th Avenue, the Williamsburg Hotel at 96 Wythe Avenue, the Selina Hotel at 516-518 West 27th Street and 20 Times Square (Credit: Google Maps, Sumaida + Khurana, PBDW)

More NYC hotel loans are defaulting as room rates fall

New York City has seen a spate of high-profile hotel loans go into default in recent months, and challenging...

More NYC hotel loans are defaulting as room rates fall
From left: Jack Terzi, 31 East 28th Street, and Michael Shah (Credit: Jack Terzi, Delshah Capital and Google Maps)

Take Two: After dismissal, Delshah strikes back with second foreclosure suit against Terzi’s NoMad retail condo

In May, Delshah Capital’s distressed-debt strategy was tripped up when a judge dismissed two foreclosure suits against Jack Terzi’s JTRE Holdings. That decision hinged...

Take Two: After dismissal, Delshah strikes back with second foreclosure suit against Terzi’s NoMad retail condo
HKS Capital Partners principal Ayush Kapahi and Bain Capital managing director Jeff Robinson (Credit: LinkedIn and Bain Capital)

Bain Capital teams up with SKW Funding to target $500M in distressed debt

UPDATED, July 16, 9:17 a.m.: Bain Capital, which is raising a new $3 billion debt fund, is teaming up...

Bain Capital teams up with SKW Funding to target $500M in distressed debt
Renderings of 520 Fifth Avenue with Ceruzzi Properties president Arthur Hooper and Rabina Properties CEO Mickey Rabina 

Rabina Properties closes on JV deal at 520 Fifth

A troubled Midtown development project is officially back on track, with a new developer in charge. Rabina Properties has...

Rabina Properties closes on JV deal at 520 Fifth
From left: Jack Terzi, Michael Shah and 31 East 28th Street (Credit: Google Maps)

Delshah’s distressed debt strategy hits a road bump as court dismisses two foreclosure suits

You win some, you lose some. Michael Shah’s Delshah Capital, which made a series of distressed-debt plays in the summer of 2017, saw two...

Delshah’s distressed debt strategy hits a road bump as court dismisses two foreclosure suits
Safe Harbor Equity launches $100M distressed debt fund

Safe Harbor Equity launches $100M distressed debt fund

Safe Harbor Equity launched a $100 million distressed commercial real estate debt fund ahead of a potentially looming recession....

Safe Harbor Equity launches $100M distressed debt fund
Churchill Real Estate’s distressed debt fund eyes “crack” in NY market

Churchill Real Estate’s distressed debt fund eyes “crack” in NY market

When the U.S. real estate market collapsed in 2009, banks and lenders were left scrambling to find buyers for...

Churchill Real Estate’s distressed debt fund eyes “crack” in NY market
« Previous Next »

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...