Over the long-term, the firm hopes to have half of its portfolio in the US and other developed markets.
4 min read · 10 October 2023
The index stood at 19.73 percent in July, compared to 19.35 percent in June.
1 min read · 10 October 2023
Pennyslyvania Public School Employee’s Retirement System have made the second largest investor commitment so far this year, with $200bn committed to the PIMCO Commercial Real Estate Debt Fund II as of September 5.
1 min read · 09 October 2023
Private credit is stepping into situations that may have been funded by a regional or national bank a year ago.
3 min read · 06 October 2023
More C-PACE records are being set as sponsors seek lower-cost capital for construction and retrofit projects.
4 min read · 06 October 2023
Senior real estate leaders anticipate more obstacles for originations and capital markets at CREFC; PIMCO preps debt dry powder with year’s largest fundraise to date; Trepp tracks rise in delinquency and special servicing rates as CMBS market congestion builds; and more in today’s Term Sheet, exclusively for our valued subscribers.
7 min read · 05 October 2023
Legislative changes planned by the US Federal Reserve, Office of the Comptroller of the Currency and the Federal Deposit Insurance Corporation would affect banks with more than $100bn in assets.
4 min read · 05 October 2023
The Newport Beach-based manager has closed its second property credit fund on $3bn, more than double the size of its predecessor.
3 min read · 05 October 2023
The manager expects high interest rates and lower deal volumes to restrict broader CLO market comeback.
3 min read · 04 October 2023