@CrescitCapital CEO Joe Iacono spoke w Multi-Housing News about facilitating financing transactions in the fragmented CRE market, noting creative structures will be a way to help solve these problems for the foreseeable future. To read the full article: https://t.co/vRIO6LkUCY
@CrescitCapital CEO Joe Iacono spoke with @CPExecutive about the role of special servicers play regarding distressed assets, including cases in which owners are trying to give back the keys. https://t.co/QAkOeLbFiD
@CrescitCapital CEO Joe Iacono spoke w CoStar about Goldman Sachs marketing $1.3B in CMBS loans. He contends the significant offering is a sign CMBS is in strong demand + certain office markets are in early stages of recovery. To read the full article: https://t.co/eJGBKU01Nn
@CrescitCapital CEO Joe Iacono spoke w/CoStar about the new tax and funding law. He contends it will be generally positive for CRE, but ultimately rate and policy stability will be the most important. To read the full article: https://t.co/3MBX46DNnh
@CrescitCapital Strategies CEO Joe Iacono spoke w Multi-Housing News about tariff impacts on the Florida refi market. He contends now is a good time to refi as current rates will probably be sticky for the foreseeable future. To read the full article: https://t.co/syAUVa6KQk
@CrescitCapital Strategies CEO Joe Iacono spoke w PERE Credit. Ultimately, he says, tariffs are inflationary, and w higher interest rates + expenses, unclear how or if these policies will benefit construction. To read the full article: https://t.co/Zkuj25Wdph
@CrescitCapital Strategies CEO @ Joe Iacono spoke w Multi-Housing News about banking rates. He says banks are still in a “highly restrictive lending mode”, being "more cautious about who they’re working with and with much more stringent underwriting.” https://t.co/5a4zaUvozT
@CrescitCapital CEO Joe Iacono spoke w the Compound Insights podcast, hosted by the CFA Society of NY, about the #CMBS market. Iacono notes that CMBS is back on the upswing as traditional banks have retrenched on lending: https://t.co/5uFwnLNr0k
@CrescitCapital Strategies CEO Joe Iacono recently spoke w Multihousing News. He contends while market is improving, w operational costs on rise we are unlikely to see significant transaction momentum until /unless Fed reduces rates by another .50 bps+ https://t.co/HCjnFNKjEl
Crescit Capital Strategies CEO Joe Iacono spoke w PERE Credit about Fed’s .50 bps rate drop. He contends it’s positive for CRE + other fixed income products but cautions that challenged real estate assets are likely to remain in a difficult position. https://t.co/HCjnFNKjEl
@CrescitCapital CEO Joe Iacono participated in a 2024 mid-year CRE roundtable w CPE. He has concerns about the office sector but added now is opportune time for alt lenders to supplement funding across property types as trad banks have curtailed lending. https://t.co/bDivnoHhr4
@CrescitCapital Strategies CEO Joe Iacono recently spoke with Fortune about the state of the CRE market. He noted that unlike other sectors, office has to contend with significant vacancy and lack of demand.
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@CrescitCapital Strategies CEO Joe Iacono spoke w @Bisnow about the #WeWork bankruptcy. Iacono noted that LLs will be highly incentivized to work on restructured leases, and for major business centers like NYC, WeWork’s demise added ‘salt to the wound.’ https://t.co/14BEVuDApS
@CrescitCapital Strategies CEO Joe Iacono noted to CPE that while most #CMBS lenders are still willing to defer payments on CRE loans, they will need to reconcile that many office assets can no longer command pre-pandemic rents even as expenses rise https://t.co/VPoYlJP8xt
@CrescitCapital CEO Joe Iacono recently spoke with https://t.co/sXC4MNnRim about Toys ’R’ Us bringing back brick and mortar stores + his broader take on retailer real estate strategies in light of current market conditions. #retail#realestate https://t.co/P9tSZbkxYj
@CrescitCapital CEO Joe Iacono recently spoke with BE News’s Simon Creasey on the impact of WeWork’s financial concerns on landlords. Read his full commentary at the link below: https://t.co/c4MRQPXBln
@CrescitCapital Strategies CEO Joe Iacono recently spoke with Real Estate Capital on bridging the lending gap. Iacono believes that even in extension situations, borrowers will frequently need to bring something to the table to reduce the lender’s risk https://t.co/tXsEcb8N7d
@CrescitCapital CEO Joe Iacono recently spoke with Real Estate Capital’s @SamanthaRowan on what a debt ceiling extension deal would mean for the commercial real estate debt and equity markets. Read the full story at the link below: https://t.co/jcFc2LZSmt
@CrescitCapital CEO Joe Iacono recently spoke with Law 360 on the fallout of Signature Bank and what will happen to some of its assets. Iacono suggests that the FDIC’s best course of action may be to find a structured solution and securitize the assets. https://t.co/VmJWPS77IX
@CrescitCapital CEO Joe Iacono recently joined the Investment Matters podcast to offer his perspective on the state of the CRE capital markets. Iacono discusses learning the ropes of CRE finance, debt and deal dynamics, making sense of cap rates, and more. https://t.co/jQLOVOOZPI