North America

Industrial outdoor storage moves toward the institutional inner circle

Private real estate credit managers seeking to diversify their investments in alternative sectors are primed for more in the industrial sub-category.

Urban Investment closes $116m construction loan for Syracuse resi overhaul

The funding is part of a $269m recapitalization for BFC and SAA Canopy’s planned 393-unit rebuild of Parkside Commons.

Nomura Securities goes solo on $719m SASB CMBS origination 

Nomura’s US commercial real estate platform launched its biggest SASB CMBS transaction to date.

Affinius expands European platform with trio of new originations

The firm’s European credit platform has now closed four transactions this year.

What’s eating private real estate lenders? It’s not just rates

Recent and pending regulatory changes are forcing real estate private credit managers to think differently about where they are lending and why.

US regulatory environment tilts toward housing creation, away from data centers

The 21st Century ROAD to Housing Act aims to spur new housing development and put guardrails on institutional ownership.

Lenders take creative tacks to scale $875bn US multifamily maturity wall 

Sponsors need to close the door on a wave of 2021-vintage, floating-rate loans that are approaching or have reached their final maturity.

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.

Exclusive: Slate closes $1bn SMA to expand senior lending platform

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

Now live: PERE’s Inaugural Credit Manager Survey

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, […]