Anna-Marie Beal
The market will have to adjust to negative leverage by either having cap rates go up or investors willing to take a lower return.
First mortgages with high LTVs were still being originated in the first half of 2022, but less so than during the same period last year.
The Irvine, California-based manager thinks the slowdown could be a sign of things to come.
The firm’s quarterly momentum index also shows CLO issuance was up $6.3bn in Q1 2022 compared with the same period last year.
The firm sees significant mispricings that present opportunities to take short positions.
The JV marks Kayne Anderson’s first foray into the European student housing market.
Borrowers are tapping into ample liquidity for acquisitions and developments while lenders are being adequately compensated for risk.
An uneven recovery may lead to a divergence in sector-specific NPL ratios.
Has appetite for sustainability-linked lending strategies stalled, or is green bond issuance looking to rise in 2022?