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Kevin Sun





    The SASB market has produced several massive transactions, like a $4.65 billion loan for the Extended Stay America portfolio or SL Green Realty’s $3 billion refinancing of One Vanderbilt office tower in Manhattan (iStock, KPF, Getty)
    National Insights

    CMBS loan issuance is booming — but not in the usual areas

    In the commercial mortgage-backed securities world, conduit loans have always been the bread and butter of the market. But...

    CMBS loan issuance is booming — but not in the usual areas
    From left: DigitalBridge CEO Marc Ganzi, Donald Trump,  and Tom Barrack (Getty, Ganzi by Sonya Revell)
    National

    De-Colonized: How Tom Barrack’s firm broke with its founder

    In the autumn of 2018 and following political misadventures that would lead to his arrest on federal charges Tuesday,...

    De-Colonized: How Tom Barrack’s firm broke with its founder
    How a Singaporean REIT’s mighty US hotel investment sunk
    National Issue

    How a Singaporean REIT’s mighty US hotel investment sunk

    A retired British ocean liner. A decommissioned Soviet submarine. And now, a bankrupt Singaporean real estate investment trust. All...

    How a Singaporean REIT’s mighty US hotel investment sunk
    Bette Midler and 1125 Fifth Avenue (Google Maps, Getty)
    New York

    Bette Midler sells Carnegie Hill penthouse for $45M

    After more than two decades, it’s time to close the curtains on Bette Midler’s Upper East Side penthouse. Midler...

    Bette Midler sells Carnegie Hill penthouse for $45M

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