According to the latest Fitch Ratings report, smaller CRE-concentrated banks are more susceptible to elevated losses from deteriorating credit in the CRE market.

Following the pandemic, landlords are focusing on experiential retail tenants, not the traditional daily needs uses.

The firm represented the seller and procured the buyer for the 12-building mixed-use portfolio in the Upper East Side.

The firm obtained the loan, arranged by PMZ Realty Capital LLC, in order to upgrade two hospitality assets and pay off existing debt.