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Traditional lenders used to make up the bulk of CRE lending, but now alternative lenders are viewed as a viable lending source, often backed by institutions, Money360's Gary Bechtel tells attendees at RealShare San Diego's capital-markets session.
The veteran of four decades in the banking business leads Capital One's commercial real estate activities, including financial services to the development and investment activity.
Amy Klein Aznar, who heads debt investments and special situations for LaSalle Investment Management, says the new fund has already completed several transactions this year.
On the site of the 1950s-era Southwestern Bell building, The Hyatt Place will bring a vacant historic building back to life and be part of the continued revitalization of downtown.
Multifamily activity in 2017 has been slower than the record-breaking years 2015 and 2016, and it might be caused by slowed foreign investment from the pull back of EB-5 visas.