Evelyn Lee
Those expecting values to be correlative to debt ‘are holding out for something that won’t happen’, says the capital markets executive.
The new vehicle is the firm's first commingled fund for its global commercial real estate credit business.
KKR global real estate head Ralph Rosenberg expects capital constraints to also cause pain for owners outside of the office sector.
But some investors had reservations about the Nordics even before Sweden’s property market woes became headline news.
However, some institutions believe equity deals still are more attractive than debt investments in multiple respects.
Fiera Capital's property arm is raising one of the only semi-open-end real estate credit vehicles targeting the region.
Here are five ways the bank crises in the US and Europe will make it more challenging for transaction activity to bounce back.
SVB and Signature, along with troubled bank First Republic, had been major sources of financing for many real estate managers.
The impact of myriad lending sources pulling back at the same time has been worse than many are willing to acknowledge.
The New York-based firm is targeting $1bn to $2bn in originations in the region next year amid a 'super-interesting time' for non-bank lenders.