Havlena is the editor-in-chief of Crittenden Real Estate magazine and The Crittenden Report: Real Estate Financing, Retail Tenants Report and the Multifamily Report and their respective websites. She has been an editor with Crittenden since 2007 and worked on a variety of real estate publications during her time at the company covering a wide range of topics from restaurant expansion to real estate developers. She has been the lead reporter and editor of Crittenden’s flagship publication, The Crittenden Report, since 2011. She has a degree in Print Journalism from Cal State Fullerton, and resides in Orange County, Calif.
The hotel lending market continues to improve, especially as spring and summer travel bolsters occupancy numbers. While debt funds will be the most active lenders, look for banks and life companies to seek deals during the second half of the year. Commercial mortgage-backed securities (CMBS) lenders are also returning to normal hotel lending levels, which More
Hotel lending so far in 2022 has already outpaced 2021 and borrowers will see plenty of capital options during the second half of the year. Debt funds will continue to lead the pack followed by the banks and select life companies. CMBS lenders have historically been the most active and that market will lead to More
See online directory for complete contact information Barings300 S. Tryon St.Suite 2500Charlotte, NC 28202Jonathan Bock, CFO Frost Bank111 W. Houston St.San Antonio, TX 78205Robert Crawford, Managing Director HALL Structured Finance2323 Ross Ave.Suite 200Dallas, TX 75201Donald Braun, Managing Director Hanmi Financial Bank3660 Wilshire Blvd.Suite 917Los Angeles, CA 90010David Jeon, SBA/Business DevelopmentBonnie Lee, President/CEO Madison Realty Capital520 More
Borrowers will see more aggressive bank lending throughout the rest of the year. Banks will focus on their existing clients but will also start to stretch for new clients. Anticipate banks to also start expanding what properties they will target during the second half of the year. Borrowers could start to see more conservative underwriting More
See Online Directory for Complete Contact Information Hager Pacific Properties4100 Newport Place Drive, Suite 820Newport Beach, CA 92660David Hager, Managing Director Harbert Management1210 E. Cary St., Suite 400Richmond, VA 23219Brian Carney, General Partner Inland2901 Butterfield RoadOak Brook, IL 60523Ravi Bansal, Chief Investment OfficerAnthony Casaccio, President/CEOCatherine Lynch, CFO/DirectorRobert Parks, DirectorMitchell Sabshon, CEO JVM Realty Corporation903 Commerce More
George Smith Partners10250 Constellation Blvd., Suite 2700Los Angeles, CA 90067 Gary Mozer, Co-Founder/Principal(310) 867-2910gmozer@gspartners.com George Smith Partners placed $39M in construction debt and advised on $20M Limited Partner equity for the ground-up construction of a 137-unit mixed-use development with ground floor retail in Midtown Sacramento, Calif. Mozer also placed a $105M non-recourse construction loan and $17.12M More
(2022 projected investment volume and preferences) KBSVolume: $500M-$1B$200M in in the pipeline so far this year; $50M-$300M equity pieces for office, industrial, multifamily and mixed-use development and infill opportunities; core, core-plus and JV development transactions; well-located business-friendly markets with solid infrastructure and the ability to attract top-tier talent Canyon Partners Real EstateVolume: $500MInvested $75M so More
Keep an eye out for a ton of equity capital flooding the market throughout the rest of the year, especially as real estate continues to be seen as a stable investment in today’s market. Joint venture (JV) equity and preferred equity providers will all be chasing any transactions they can get their hands on including More
Watch for more lenders to chase hotel-to-multifamily conversion loans going forward. This trend should continue well into 2023 as sponsors, equity investors and lenders all want to get their hands on these deals. Historically, there has been a somewhat limited supply of potential capital partners who quote these types of opportunities, but today it is More
(2022 projected origination volume and preferences) Madison Realty CapitalVolume: $4BOriginated $1B so far this year; $20M-$600M+ loans for condos, multifamily, industrial, build-for-rent SFR, build-for-sale SFR, hotels; 4.5%-9% rates depending on LTC; up to 85% LTC; up to 36-month terms plus extension options; non-recourse; all major markets Associated BankVolume: $2BOriginated $300M so far this year; $10M+ More
The amount of available equity capital is overflowing and is not expected to slow down any time soon. The demand for deals is off the charts. There is money available for everything right now, since real estate is strong, the stock market was overvalued and people are concerned and want safe investments. There is a More
Red Oak Capital provided a bridge loan for The Atrium at Gillette Ridge. The property consists of three different buildings including a 435,853-s.f. Class A office building, a 101,652-s.f. industrial building and a flex/office building containing 40,688 s.f. The property is situated on 50.85 acres and was built in 1997 and renovated in 2007. The More
Miami, Florida
November 7-8, 2023
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