The financing on the portfolio will be used to refinance existing debt.
3 min read · 05 August 2024
Inside: Why the need for income means real estate private credit is becoming an indispensable allocation for investors; Inside PGIM Real Estate’s plans to scale; Plus, an 11-page special report on asset management and loan servicing.
1 min read · 01 August 2024
Lenders are increasingly extending loans – but only if there is a real path forward.
6 min read · 01 August 2024
The market is inherently cyclical. But secular trends are increasingly affecting workout strategies.
4 min read · 01 August 2024
Everyone agrees the office sector is under pressure, but no one agrees on where valuation is.
5 min read · 01 August 2024
Good candidates are those who can think past the end of the term of a loan.
3 min read · 01 August 2024
PGIM Real Estate wants to further scale its lending platform. But the firm does not want to be all things to all borrowers.
7 min read · 01 August 2024
The financing replaces an $85m acquisition loan originated in 2022 on an ultra-luxury condominium development in the Miami area.
3 min read · 13 June 2024
Multifamily, industrial and logistics, and mixed-use are the top three property types that secured the highest volume of loans.
2 min read · 08 June 2024
The Federal Reserve maintained a target range of 5.25-5.5% for the sixth consecutive meeting in May.
2 min read · 07 June 2024