North America

Hines Rialto Credit Partners was launched in 2024 with a ‘debt-first’ approach to the office sector.

The firm has lined up a $250m commitment for its credit platform, Brightshore Credit.

Joel Tomlinson, who was the founder of Ares Management’s net-lease strategy, will work to help LNL expand its reach within the asset class.

The expected increase is not predicted to affect pricing but could sour sentiment, lenders say.

The firm launched the evergreen fund with anchor capital from New Holland Capital.

Banks continue to provide back leverage for debt funds and other non-bank lenders, with lending rising to $309bn for this cohort in Q1 2026.

Non-bank lenders are seeing a growing area of opportunity amid increased activity with this cohort.

Cascade Financial provides financing for individual borrowers seeking to buy manufactured homes.

The Dallas-based lender raised $148.6m in its first close.

The firm made the acquisition on behalf of several of its investment platforms.