Deconstruct - Episodes Tagged with “Lending”

Inside the multifamily mortgage fraud that's rattled the real estate industry

The Real Deal — Thu, 26 Feb 2026 17:00:00 -0500

In this episode of Deconstruct, hosts Hannah Kramer and Lilah Burke discuss the ongoing trial of the Alexander brothers, who face serious allegations of sexual assault and sex trafficking. They also cover the fraud case against Nir Meir, the implications of high-end rental prices in New York City, and a deep dive into a complex mortgage fraud scheme affecting the market. The episode concludes with a look at ICE's controversial plans to convert industrial sites into detention centers and upcoming events in the real estate community.

Opportunity, Opportunity, Opportunity: Goldman Sachs' Alternative Capital Lead on Real Estate Lending

The Real Deal — Mon, 03 Jun 2024 05:00:00 -0400

Last month, Goldman Sachs announced it closed a new real estate credit fund, capable of handing out more than $7 billion. And with regional banks and other financial institutions reeling back their exposure to commercial real estate, Goldman Sachs sees this as the perfect time to get in on the action. Deconstruct chatted with Goldman Sachs' co-head of alternative capital formation, Jeff Fine, what asset classes it's excited about and the opportunity for private credit in real estate.

Deconstruct Live! Talks Bank Failures, Multifamily Fears with Fortress, Benefit Street and Urban Standard

The Real Deal — Mon, 13 May 2024 05:00:00 -0400

It's Deconstruct Live! at The Real Deal's New York Forum. Fortress' Steve Stuart, Benefit Street Partners' Mike Comparato and Urban Standard Capital's Seth Weissman talk bank failures, distressed note buying and lending demand in a live taping of Deconstruct.

How Lender Kennedy Wilson Picks a Real Estate Development to Finance

The Real Deal — Mon, 01 Apr 2024 05:00:00 -0400

For the most part, construction lending has dried up across the country, with more and more regional banks pulling back from financing ground-up real estate projects. But Kennedy Wilson, a lender based out of Los Angeles, sees opportunity in that. With more lenders on the sidelines, Kennedy Wilson can take advantage of lending to what it determines are the best borrowers and the best projects. And by being active, it can help take some construction loans off regional banks' balance sheets.

The Real Deal's Deconstruct chatted with Thomas Whitesell, Kennedy Wilson's head of debt originations, about how the firm is choosing what to lend on, its optimism for multifamily and the difficulties with office-to-resi conversions.

The Distress Roiling the CMBS Markets

The Real Deal — Mon, 23 Oct 2023 05:00:00 -0400

"A slow-moving train wreck." That's what Daniel McNamara, the founder of Polpo Capital, calls the upcoming wall of maturities — the massive amount of commercial mortgage-backed securities coming due in the next year or two. Many, especially those who used floating-rate debt are facing a triple threat: the triple whammy of higher interest rates, lower valuations and more conservative lending. All of that is making it difficult for commercial landlords to refinance and leaving CMBS investors at risk.

RXR Realty CEO Scott Rechler Talks Distress, Slowdowns and Opportunity

The Real Deal — Mon, 26 Jun 2023 05:00:00 -0400

RXR Realty CEO Scott Rechler's year has centered on "Project Kodak" — a strategy of separating older, obsolete office buildings from a younger product that can still pull the tenants and rents to thrive. TRD's Deconstruct sat down with Rechler to unpack how that strategy has evolved, why he's pegged multifamily as the next shoe to drop and whether the Fed's recent rate pause will lift the gates on investment sales.

Credits: CBS New York

Fannie Mae’s Chief Economist on How Bank Collapses Spurred a Fed Pause

The Real Deal — Mon, 08 May 2023 06:00:00 -0400

After approving another rate hike, The Federal Reserve left the door open for an interest rate pause when it meets next in June. Fannie Mae’s Chief Economist Douglas Duncan details how a trio of bank collapses helped drive that potential pause and what a mild recession means for the mortgage market.

An ‘Existential Weekend’: How Two Bank Collapses Roiled Real Estate

The Real Deal — Mon, 20 Mar 2023 05:00:00 -0400

Let's talk about last week. The Real Deal’s Deconstruct explains the catalysts behind the collapse of Silicon Valley Bank and Signature Bank last week and the lasting impact on regional banks, real estate lending and the Fed’s next steps.

Credits: CNBC, ABC News, NBC News, CBS, CNN, Forbes

To Lend or Not To Lend?

The Real Deal — Mon, 21 Nov 2022 05:00:00 -0500

With rising interest rates, major institutions have cut back on lending. Issuances of commercial mortgage-backed securities dropped 35 percent in the third quarter, compared to the second. Deconstruct chats with Madison Realty Capital's Josh Zegen about what opportunities are still out there — coming from distress, loans on loans and creative refinancings.

Credit: NBCLA