News & Analysis

Real estate debt managers help Bank of England shine light on private markets

Firms which rank among the biggest non-bank lenders to UK real estate are among those contributing to a major stress-testing exercise by the central bank.

Madison Realty funds $480m loan for Manhattan office-to-resi project

The firm is adding to its New York City conversion tally with 1740 Broadway’s reconfiguration into a 420-unit residential offering.

3650 Capital funds $42m loan for Inland self-storage portfolio

The firm originated the financing through its Real Estate Credit Solutions strategy for a self-storage portfolio backed by the Inland Real Estate Group.

CalPERS looks at increasing real estate debt in diversification push

The new private debt head at the $620bn California pension expects an increasingly diversified program, which has a 10% exposure to real estate debt, to perform well amid a ‘turbulent’ environment.

PERE Credit 100 launch arrives at an industry-wide inflection point

PERE’s debut ranking of the top 100 private real estate credit fundraisers is preceding a cycle where managers are expected to play a more significant role in refinancing and supporting the real estate industry’s transaction momentum.

Lionheart, Schroders close $111.3m loan for Long Island condo development 

The deal marks Lionheart’s first construction financing in the area and will fund a 101-unit residential project in Mineola backed by multiple sponsors.

Lenders expect Federal Reserve to hold rates steady but are mindful of potential hikes

The potential for an interest rate hike in 2026 looms large over the market, according to credit specialists.

Trinity Church, one of New York’s biggest landowners, is bullish on RE credit

The endowment is also optimistic about resilient office assets and a market rebound amid renewed leasing momentum.

Madison Realty funds $115m refinancing for Santa Cruz resort

The property is the first luxury beachfront resort in Santa Cruz, California.