Hybrid C-PACE Taking Hold as CRE Financing Strategy: Marcus & Millichap
Hybrid C-PACE financing is gaining steam with sponsors in a higher interest rate environment, according to a new Marcus & Millichap report.
Source: commercialobserver.com
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Biggest U.S. banks scale back on property lending as rates climb
Banks including Wells Fargo, Bank of America and JPMorgan Chase have pulled back on financing for offices and other commercial real estate following a record burst of lending in the first half of this year.
Source: nationalmortgagenews.com
The Line Gets $100M Loan - Los Angeles Business Journal
Learn about a $100 million loan given to a Koreatown hotel.
Source: labusinessjournal.com
Institutional Property Advisors Adds Capital Markets Debt & Equity Team
Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced that Jordan Ray has joined Institutional Property Advisors (IPA). Ray is joined by Matthew Polci, a senior originator and Steven Buchwald, who heads execution for the team, which includes James Matheny and Lexington Henn. “Jordan and his...
Source: rew-online.com
ACRES Originates $34M Loan for The Rose at Great Neck
/PRNewswire/ -- ACRES Capital Corp. (together with its subsidiaries, "ACRES"), a leading commercial real estate middle-market lender, has originated a $34...
Source: prnewswire.com