CRE

Fed flags potential risks tied to office space, capital planning

Federal Reserve bank supervisors are monitoring community and regional banks’ commercial real estate portfolios amid concerns over “elevated interest rates, tighter underwriting standards, and lower commercial property values,” the agency said.  The central bank said those factors may affect borrowers’ ability to refinance or pay off their loans, according to a supervision and regulation report released Monday. […]

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Flagstar reports another net loss amid ongoing revamp

Key insight: Flagstar logged another quarterly loss, though one that was smaller than in earlier quarters this year. Supporting data: The bank’s third-quarter net loss was $45 million. Forward look: Observers are focused on when the Long Island bank, which was battling for its survival last year, will return to profitability. UPDATE: This article includes

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Kolyer joins Cadwalader as co-head of CRE, CLO practice

Steven T. Kolyer, recognized as a leading securitization industry lawyer, has joined Cadwalader as co-head of its commercial real estate, collateralized loan obligation practice. Kolyer is based in New York and brings broad experience in securitizations, structured credit products, fund formation and finance, and in CLOS, both corporate and real estate, according to a statement

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KKR builds record $42 billion private real estate loan pipeline

(Bloomberg) — KKR & Co. has a record volume of commercial-property financings lined up, and expects more deals as property prices reset and other lenders pull back amid market volatility. The investment firm’s pipeline has reached an all-time high of $42 billion, the second such record set this year, according to a Tuesday note by

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