Home Authors Posts by Samantha Rowan

Samantha Rowan

Amit Rustgi, who joins from PIMCO, will focus on credit opportunities across sectors.
West Street Real Estate Credit Partners IV will have more than $7bn of lending capacity.
The Paris-based bank is seeking to increase financing options for alternative lenders.
The long cycle has caused a dearth of workout specialists as lenders and borrowers seek to modify loans.
The commercial real estate market, which has been in a value correction cycle for the past two years due to higher interest rates and cap rates, will see this correction continue until interest rates settle. 
As banks seek to address commercial real estate exposure, alternative lenders are stepping in to acquire or help restructure loans.
The firm is responding to a pullback from bank lenders, chairman and chief executive Barry Sternlicht said on Starwood Property Trust’s Q4 earnings call.
A foggy view across Midtown Manhattan in New York City.
Private credit lenders and other alternative sources of capital are already stepping in to work with national and regional US banks to restructure loans.
The long cycle has meant a dearth of workout specialists as lenders and borrowers seek to modify loans.
The New York-based private equity manager joined forces with Canada Pension Plan Investment Board and Rialto Capital on the acquisition.
pdi
pdi

Copyright PEI Media

Not for publication, email or dissemination