Investor-driven lenders are continuing to be aggressive in a period of rising interest rates, helping multifamily investors top off their capital stacks.
Legion Chief Investment Officer Chris Kiper said he supports DigitalBridge’s leadership under Chief Executive Officer Marc Ganzi and its moves to transform the company over the past two years. He estimates the company could triple in value in the...
Lenders tend to be cautious on such projects and most investors might be looking for returns that are higher than office building prices right now would support.
Fortress Investment Group and Metro Loft Management are nearing a deal to acquire a stake in the 30-story Financial District building, with plans to redevelop it into housing, according to people familiar with the matter.
Zhang Li is alleged to have “provided kickbacks and funds to co-conspirators in order to obtain the appropriate permits for a construction project,” according to a court listing.
Even with the bonds rebounding over the past two months on speculation the Fed is poised to slow its rate hikes, the Bloomberg index of Treasury Inflation Protected Securities, or TIPs, is headed for a loss of nearly 10% this year.
