Finance & Lending

TD Bank’s newly appointed head of U.S. commercial real estate Hugh Allen notes the old adage: “You make your best loans in difficult times.”

There are already ETFs in the market that invest in mortgage-backed securities. But the MTBA ETF focuses on recently issued ones.

The firm has been running a Reg D offering involving senior secured bridge real estate loans for the past eight years. Earlier this year, it decided to switch to an interval fund structure.

Among the hardest hit real estate market participants are syndicators of over-leveraged investments with debt at floating rates.

Opportunistic investors have snapped up loan portfolios in some of the first moves attempting to capitalize on distressed real estate.

We spoke with Walker & Dunlop CEO to get his take on what's happening in the real estate lending market.

FHA loans and financing from debt funds are two options for multifamily developers while banks scale back on their real estate activity.