- "These guys aren’t scared of an empty building,” says JMP Securities' Steve Delaney. "There is a tremendous opportunity and a need for commercial-property owners for more types of financing than the commercial banking industry as a whole is willing to provide.”
- With banking regulators looking over the shoulders of bankers, quick-moving outfits like Blackstone (NYSE:BX), Starwood Property Trust (NYSE:STWD), and Apollo Commercial Real Estate (NYSE:ARI) come to mind as beneficiaries.
- According to Preqin, capital being sought by U.S. private funds for real estate debt as of July was up nearly 40% from the previous year.
- There are "capacity issues when your OCC is staring at you the whole time,” said a no-doubt smiling STWD CEO Barry Sternlicht last month. “We like them to keep staring. That’s fine with us, and we want to be a beneficiary of this climate.”