In this third of a four-part series on capital and commercial real estate, Connect CRE reached out to experts to learn what they’re looking for to finance a deal. This article follows two that have been published: “Understanding Capital Creativity” and “Capital Markets: The Rearview Mirror and the Road Ahead.” Anyone looking at commercial real …

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While some of the tax-deferred “goodies” offered by Opportunity Zone investments have long expired, the interest in these vehicles has not. According to a report by Novogradac, Qualified Opportunity Funds (QOFs) tracked by the company raised $3.53 billion in equity during 2023. This increased the total amount of Qualified Opportunity Zone (QOZ) equity raised to …

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While some of the tax-deferred “goodies” offered by Opportunity Zone investments have long expired, the interest in these vehicles has not. According to a report by Novogradac, Qualified Opportunity Funds (QOFs) tracked by the company raised $3.53 billion in equity during 2023. This increased the total amount of Qualified Opportunity Zone (QOZ) equity raised to …

The post Report: QOFs Top $37B in Equity Raises appeared first on Connect CRE.

Two loans tied to hotels in Maryland and Virginia have defaulted, indicating challenges beyond office vacancies, as reported by the Washington Business Journal.   The $204 million loan spans 22 properties, including Marriott hotels in Greenbelt and Alexandria. Another $415 million loan covers 30 properties, including Courtyards in Herndon and Rockville. The debt on hotels in Greenbelt …

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January saw $834.0 million in CMBS loans resolved at a loss, with $382.3 million in losses total, carrying an average loss severity of 45.84% for the month, reported Trepp. This was an increase in loan loss volume from December 2023, where losses totaled $132.9 million, although December’s loss severity was greater. The 12-month average disposed …

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