Investors

Europe debt roundtable: Markets look to maintain discipline amid the storm

As conflict and raised interest rates reshape expectations, alternative lenders are competing harder for deals while underwriting cautiously, say participants in PERE Credit’s Europe roundtable.

First Growth Real Estate & Finance on restructuring the restructurings in commercial real estate markets

As loans mature into a higher-rate, more disciplined lending market, First Growth co-founder and partner Cyril de Romance explains why lenders are increasingly choosing to sell distressed loans rather than negotiate a second extension.

SitusAMC on why lenders must know themselves (and their opportunities)

The commercial real estate lending market is emerging from a period of uncertainty into one of renewed opportunity, says SitusAMC’s Anne Jablonski. The winning lenders will be those who know how best to leverage expertise.

Five key trends driving change in private real estate credit

With $1.8trn of ZIRP-era loans now maturing, the market is shifting from extend-and-pretend to disciplined resolution, and abundant capital is bifurcating sharply between prime assets and distressed pockets.

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

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

Delayed distributions strengthen real estate debt’s role in Pitcairn’s family office portfolio

Wealthy investors increasingly value the asset class’s stability as private markets distributions remain slow.

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.