NREI spoke with Abe Bergman, co-founder and managing partner of Eastern Union, to learn more about the initiative and the distress the firm expects to emerge among CRE lenders.
The REIT had held discussions with Bank of America, among others, about a potential high-yield bond offering.
Investors across the board are interested in co-investment opportunities in distressed assets and loans.
CMBS special servicers are bracing for the worst crash of their careers.
Challenges for the CMBS sector continue to come into focus, although Fed moves have helped bring some liquidity back to the market.