Regions

Stockdale Capital Partners is targeting $300m in loan originations over the next 12 months after launching its inaugural real estate credit platform.

Private capital is cementing its structural role in real estate credit, but with capital shifting toward multifamily and data centers and rate uncertainty persisting, lenders say underwriting discipline, not rate calls, is what sets the winners apart.

Retail investors may be reducing their private market exposure for now, but many real estate debt professionals are optimistic they can tap retail cash through semi-liquid fund structures over the longer term.

Data centers are big business and require big finance, writes JC Russell.

Against an ever-changing macroeconomic environment, lenders have to be prepared for opportunities and challenges that arise. That means constantly evolving a strategy that is structured to be successful throughout an entire economic cycle.

Real estate private credit is taking its place as a component in broader asset-backed finance strategies. PERE investigates the role the asset class is playing as investors seek diversified credit exposure.

Higher rates, refinancing pressures and structural market shifts mark the current dynamic in private real estate credit, according to Goldman Sachs’ Andrew White and Steve Pack.

The multibillion-pound financing is one of the largest-ever UK data center deals.

While the agencies and banks continue to be the most active lenders, debt funds saw volumes rise by 45% year-on-year, Newmark data reports.