Brian Gould has been named managing director of Berkadia’s mortgage banking platform, where he will arrange mortgage and equity financing for property-owning clients He joins the company’s Washington, DC, office from Chatham Financial, a...
Sperry Commercial Global Affiliates has formed a unit to help clients address properties whose mortgages might be maturing and are facing refinancing challenges The brokerage network has named the unit its Commercial Property Resolution, or CPR,...
Commercial Real Estate Direct Staff Report Victor Calanog, a long-time commercial real estate economist, has moved over to the buy-side, having joined Manulife Investment Management as global head of research and strategy for real estate private...
Prices for office properties could fall by more than 30 percent from their peaks, according to analysis by Barclays Capital The investment bank warned that the sector could face even greater value declines, given continued high interest rates,...
Julia Butler, managing director of real estate at KKR & Co, has been named chief investment officer of the investment manager’s KKR Real Estate Select Trust Inc, a non-traded REIT that it had launched two years ago to invest in a mix of...
Equity kickers, last used during the early 1990s in the wake of the savings and loan crisis, where a lender participates in the proceeds of the sale of a property backing a distressed mortgage, might be finding their way back into the commercial...
Crow Holdings and its investment management affiliate have recapitalized a portfolio of 173 retail properties to create an investment platform that will pursue small-format, open-air retail properties The portfolio that has been used to seed the...
Waterton has hired Matt Porath as senior vice president of investor relations He will focus on developing and maintaining relationships with investors throughout the eastern United States and Canada, as well as head the company’s multifamily...
Commercial Real Estate Direct Staff Report Sam Zell passed away today at the age of 81 from complications of a recent illness The consummate opportunistic real estate investor, Zell got involved in the industry in 1961 while a junior at the...
JLL Capital Markets has hired Nick Davino as a director in the company’s Portland, Ore, office, where he will focus on office and industrial investment sales and advisory Prior to joining JLL, Davino had been a broker at Marcus & Millichap...
Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
