Full coverage of commercial real estate finance, including commercial banks, life insurance companies, government sponsored enterprises, bridge and mezzanine lenders and other debt sources.
Real estate debt funds are targeting all types of strategies, but are becoming particularly active on construction financing, an area where the pullback from banks has been more severe.
Some of the bigger players are still making deals. But the majority are waiting for market dislocation to work itself out so they can take advantage of the resulting bargains.
Wells Fargo CEO Charles Scharf said the bank’s business remained 'strong' despite the recent banking crises, while JPMorgan Chase’s wealth division boasted a YoY net income boost of 36%.