Investors

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.

Invesco lands UK pension pool commitment for European credit fund

LGPS Central, which invests on behalf of local government pension schemes, has allocated to the US manager’s CMI Europe.

Swiss LP adviser InPact targets first real estate debt mandate

The Geneva-based investment adviser is in talks with prospective managers, says founder and CEO Antoine Prudent.

Liquid debt markets are fueling real estate recovery, Hines’ Scoville says

Josh Scoville, global head of research at the Houston-based manager, sees a more resilient outlook for the sector.

PERE’s relaunch – The editors’ take

PERE’s editors share the biggest highlights from our newly integrated real estate capital markets service, which launched this week.

Pearlmark holds final close for sixth mezzanine debt fund

The firm raised $528m for Pearlmark Mezzanine Debt Fund VI, exceeding its cap of $475m.

LACERA’s real estate head departs after two years

Terri Herubin was charged with overseeing a major restructuring of the California pension plan’s property portfolio.