With the “free money” well running dry, compliance is one area that heavily regulated firms should think long and hard about before cutting to conserve cash.
Publicly-traded REITs are largely relying on unsecured debt at fixed rates, avoiding some of the rancor caused by rising interest rates.
A federal class-action lawsuit accuses Yardi Systems and 18 property management firms of rent-fixing across the country, reported Bisnow. A Citigroup survey found that its family office clients are increasingly looking for direct investments, including in
FS Credit REIT invests in short-term, floating-rate loans. But it notes its strategy is different from many debt funds in the market today.