Fundraising

PRECap VIII will provide whole-loan and mezzanine financing, as well as preferred equity, across European real estate markets.

The New York-based manager is adding competitive lending depth atop its flagship platform and has more capital-raising efforts in the works.

PERE has launched its inaugural PERE Credit Manager Survey, a report through which we will gauge the state of play among real estate private credit managers in the US, Europe and the Asia-Pacific region. The survey, which closes on August 28, aims to get a sense of where lenders are active and why, fundraising initiatives, […]

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

Birmingham-headquartered firm says investors are seeking regionally focused real estate debt strategies.

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

Leumi UK provided the financing to help grow the JV’s Concreit platform.

The capital advisory firm pointed to a strong labor market and accelerating inflation as factors likely to drive the Federal Reserve to raise interest rates.

Multifamily remains the dominant asset class for sector-specific real estate credit fundraising.

The Spanish manager has raised 70% of targeted capital for the vehicle, which includes real estate lending in its remit.