Michael Lavipour Opens Up; Insurance Capital Leading CRE Deals

Michael Lavipour Opens Up; Insurance Capital Leading CRE Deals This week, Affinius Capital’s Michael Lavipour addresses opportunities in the commercial real estate debt markets; private lenders lean on insurance company capital for credit investments; and a Kasowitz attorney team led by Jennifer Recine takes its talent to King & Spalding. Like Mike: Affinius Capital’s Michael Lavipour Is Leaning Into Market Opportunities Michael Lavipour, Affinius Capital’s lending chief, says now is the time to expand relationships and lean in. [Read More]( Top Deals Of The Week   - JMB Realty Lands [$575M]( Loan for L.A. Office Tower - M&T Bank [Refis]( Brooklyn Resi Tower With $415M Loan - Apollo Refis [Last-Mile Portfolio]( With $113M Loan - MF1 Capital Provides $216M Loan on The Aire [Residential Tower]( in New York City - Bank OZK Provides $100M for [St. Regis Condo]( in Sunny Isles - [Deutsche Bank]( Refis Hilton-Branded Vegas Hotels With $46M Loan - Greystar Lands $95M [Construction Loan]( for Multifamily Project in Greater L.A. - Related Group Scores $328M From [Bank OZK]( to Build Baccarat Residences in Brickell - Thorofare, Pearlmark [Lend]( $40M on Phase 2 of Grubb Properties’ NoDa Project - Shoreham and Bridge Investment Group [Land]( $157M for Multifamily Buy in Alexandria - Madison Realty Capital Lends $55M on Morningside Heights [Student Housing]( Project - [Spitzer]( Recaps 420 Kent Avenue, Meadow Partners Takes Minority Stake Guest Columnist   Want to Create More Affordable Housing in NYC? Help Private Developers. Developers' energy and resourcefulness could be unleashed to produce tens of thousands more affordable units annually, writes Jolie Milstein, president and CEO of the New York State Association for Affordable Housing. [Read More]( People Moves   King & Spalding Hires Jennifer Recine-Led Kasowitz Team to Business Litigatio International law firm King & Spalding hired Kasowitz Benson Torres’ Jennifer Recine, Sarmad Khojasteh and David Kupfer as partners in the firm’s business litigation practice. [Read More]( TerraCRG Names Dan Marks CEO The veteran broker plans to expand the investment sales brokerage’s reach in its native Brooklyn. [Read More](   Other Stories From This Week   Insurance Capital Playing Increased Role in Commercial Real Estate Finance Private lenders have raised substantial funds from insurance companies looking to invest more in commercial real estate credit. [Read More]( PCCP Snaps Up $111M Senior Loan on 462 Broadway PCCP acquired the $111 million nonperforming senior loan on the office and retail building at 462 Broadway at “a slight discount.” [Read More]( Office CMBS Payoffs Increased to Start 2024 as $1.15B Came Due: Report Moody’s predicts 75 percent of the $17B in CMBS office loans maturing in 2024 could be ‘very difficult’ to refinance. [Read More]( RXR, Cantor Fitzgerald Taking ‘Smart Window’ Maker View Private RXR Realty and Cantor Fitzgerald received approvals from creditors and key stakeholders to initiate a prepackaged bankruptcy for View, a company specializing in smart glass technology that went public in 2020. [Read More]( Cracks Appear in Once Sturdy Market for Collateralized Loan Obligations Soaring interest rates have created turmoil for a flavor of financing favored by owners of Class B apartments and other types of speculative assets. [Read More]( What We're Reading This Week   - The dollar-store [showdown]( comes down to real estate [WSJ] - Fed officials say three [rate cuts]( a reasonable baseline for 2024 [Bloomberg] - Fed Chair Powell emphasizes need for more evidence that [inflation]( is easing before cutting rates [CNBC]   [View in Browser]( | [Advertise]( | [Forward to a Friend]( [Manage your email preferences or unsubscribe]( [Share your thoughts: Help us improve with our quick feedback survey!]( [Commercial Observer]( © Copyright 2024 [Observer Media]( 1 Whitehall Street, Floor 7, New York, NY 10004 This newsletter was published 04/04/2024