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(Un)sustainable workload in private real estate

The lenders and investors tasked with improving the green credentials of their portfolios are passionate – and fatigued.

K-LOC Index: KBRA Credit Profile loans of concern tick up

The index was at 24.46% in September, versus 24% in August and 23.71 percent in July.

Lending Barometer: Residential sector sees momentum

The PERE Credit Lending Barometer tracked 80 loans totaling $14.04bn across September and October.

Commercial mortgage rate spreads: Lenders see stable near-term spread outlook

The Federal Reserve cut rates by 50 basis points in September and another 25 basis points in November, for a target rate of 4.75-5%.

Capital watch: Largest real estate debt funds attract $3.6bn year-to-date

ACORE Credit Partners II alone raised $1.4bn of capital in 2024.

Investor watch: Largest backers commit $16bn since 2019

The New York State Teachers’ Retirement System continues to be the top investor in US commercial real estate private credit.

Commercial real estate’s soft landing looks more likely

It is likely to be sector- and market-specific.

Adapting private credit strategies for real estate

Bridge lenders are adapting private credit strategies to bridge to the next cycle.

Download the December 2024/January 2025 issue of PERE Credit

Inside: The wealth channel – managers spy an opportunity for platform expansion; A special report on bridge lending; Expert comment and analysis from industry leaders; Plus much more…

How bridge lending re-energized a Houston project

A Mavik Capital bridge loan helped to restart construction on a stalled apartment project.