Top 2024 US Office Deals Show Survival Strategy in Brutal Market

Bloomberg

Dec 30, 2024

Bloomberg

1 min read

Owners started to confront steep drops in valuations. Challenges ahead include $300 billion needing refinancing.

Meanwhile, finance firms have ramped up real estate bets, seeking to fill a gap left by banks and other institutional players. Elliott has backed property lenders including Ascent Developer Solutions.

Read more on BLOOMBERG.

‹ Ascent Developer Solutions Bolsters Team with Key New Executive Hires

The CRE Job Market Is Improving, But The 'Explosion' Won't Come Until 2026 ›

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Ground-Up Construction

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Ascent Developer Solutions LLC (“Ascent”) makes commercial, business-purpose loans secured by real estate. Loans are for business or investment purposes only and not for personal, family, or household use. This is not a commitment to lend. All loans are subject to underwriting, credit approval, and applicable due diligence. Terms, rates, and loan availability are subject to change, and other restrictions may apply. Ascent conducts lending activities only where it is properly licensed or exempt from licensing requirements, and the facts of a particular transaction may affect whether Ascent may lend in a given state. NMLS ID 2533498. Arizona CBK-2009336; California 60DBO-191225; Minnesota MN-MO-2533498 (including MN-MO-2533498.1); Nevada NMC-128339; North Dakota MB105153; Oregon 2533498; South Dakota 2533498.ML-NR; Utah 14207437; Vermont CL-2533498. For licensing information, visit NMLS Consumer Access.

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Loan Programs

Ground-Up Construction

Company