Investors

Kern County funds $160m in real estate credit commitments via core portfolio

The retirement association funded commitments to Hines-Rialto, Hudson Bay and TPG.

Nuveen Green Capital holds $1bn-plus first close for latest C-PACE fund

The firm has raised roughly $3bn for C-PACE funds since 2023.

Lenders yearn for stability amid sovereign debt volatility

Yields on treasuries, gilts and other sovereign debt hit multi-year highs this week due to concerns on higher oil prices, rising deficits and inflation.

Nuveen Green Capital closes largest-ever C-PACE loan in Massachusetts

The firm funded a $281m financing backed by the residential component of Winthrop Center, a 62-story, mixed-use property in Boston owned by Millennium Partners.

NPS leans into real estate credit as commitments grew by 11%

The investor backed the likes of Madison Realty Capital, Cheyne and PAG in its latest disclosure, with debt making up a significant share of its new fund commitments.

Northern Trust CIO: Smaller LPs feel ‘steadier hands’ behind RE debt than private credit

OCIO and adviser to foundations and endowments has identified a higher comfort level with RE debt than alternatives.

Definition of distress shifts as lenders seek to extend runway on troubled loans

Lenders are pushing borrowers to resolve maturing loans, but the ample liquidity available in today’s market has so far helped to keep distress in check.

Boston Retirement System seeks to make new real estate credit commitments

The $8.9bn pension aims to commit $15m-$30m to real estate credit in 2026.

Barings, North Carolina pension expand partnership with $2.1bn commitment

The Charlotte-based manager has been making a broader push to expand its US and global real estate platforms via public pension funds and other investors.

Real estate credit should read the warning signs

Managers are optimistic about prospects for H2, but recent headlines highlight risks in the broader financial markets.