{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"The Promote Podcast","title":"Arbor's Looking Glass and Alexandria's Pipette Dreams","html":"","width":"100%","height":180,"duration":2119,"description":"This week, it’s time to address the multifamily distress from the lens of the lender, specifically, one of the biggest ones: Arbor Realty Trust has been walloped on Wall Street- its stock is down 73% this year, it suspended its dividend, it’s the target of short sellers, and it’s been getting twice-bitten on some loans made at the peak. Can Ivan Kaufman pull off a great escape? Next, we put in a call to the men in the white coats: Alexandria Real Estate Equities is selling off large chunks of the life-sci empire it defined a whole category with.\nPlus, our Punch List rundown of the newsiest industry happenings: Rafi Toledano's comeback; a data center-loving county; Rockpoint's skyscraper etch-a-sketch; Weil Gotshal's collapse; TPG's $5B raise; and BXMT's woes\nSponsors:\n1) Pensford, the only interest-rate advisory focused exclusively on CRE\n2) Bravo Capital, a leading HUD and bridge lender.\n3) H Equities, your mid-market go-to on both sides of the capstack. Hit them up for bridge loans of up to $50M, or if you need a co-GP partner for that last 10-20% of equity.\nPartner Content:\n\"Inside the Capstack\" with Gibson Dunn's Eric Meer. Meer discusses the nuances of taking in preferred equity.\nUp your CRE game:  Consider becoming a premium subscriber to The Promote to unlock access to deep dives, bonus content and expert perspectives. Take 10% off annual subscriptions by using this link.\nFurther Reading/Listening\nRafi Toledano Steps Back Into the Fray\nDowntown Office Tower Sells At Foreclosure Auction For $260M\nWeil E Coyote\nTPG, ACORE Raise Billions For Opportunistic CRE Funds\nViceroy's dossier on Arbor Realty Trust\nThe Double Schlimazel, REO Edition ","thumbnail_url":"https://img.transistorcdn.com/66fIOkUnD1ujWIubSOyzyEDkGLr3zPSZLuuGxuPeEgo/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS8yMDVl/NGNkZDY3YTdlMTY1/OWE2ZjA1ZDhlMTA3/YmNkOS5wbmc.webp","thumbnail_width":300,"thumbnail_height":300}