The insurance and investment behemoth invests on both the debt and equity sides of commercial real estate. Here’s how they are adjusting their current allocations.
While Seritage assets are sure to create investor interest, a cloudy economic outlook and tighter financing availability are bound to be major factors in negotiations, market observers say.
By assuming existing loans, investors can mitigate the risk from rising interest rates and ultimately underwrite a greater leveraged return, market participants say.