Private-label CMBS holds half of delinquent multifamily debt, Trepp finds
Private-label deals hold 12% of the $635.82 billion tracked universe but 50.2% of the $11.6 billion delinquent debt, with a 7.69% delinquency rate.
Carlyle files Form D for third Europe real estate feeder fund
The Oct. 19 notice lists an undisclosed offering amount and zero sold, with no strategy, target or investors stated.
PHP and GIC agree to form $938M UK hospital joint venture
PHP expects about £500 million ($670 million) of net proceeds to repay bridge financing from its 2025 Assura acquisition and a £266 million term loan.
Gilbane pays $37 million for rezoned Sheepshead Bay development site
Ariel Property Advisors arranged the sale of 2185 Coyle St., which carries 408,400 buildable square feet on a 96,000-square-foot lot.
Walker & Dunlop's Mikkelsen: 65% of 120 deals since May need no repricing
Seven or eight deals expected to close in the week before the Oct. 21 webcast were delayed, and an executive said Treasury yields above 5% have affected lender and buyer valuations.