United States

KKR reaches $1bn first close for latest real estate credit fund

The strategy will be used to make opportunistic investments in senior loans and real estate securities in the US and Western Europe.

3650 Capital provides $104m Chicago-area multifamily financing 

The financing was originated for Respark Residential and LaTerra Capital Management and was used to fund the acquisition of a 1,495-unit portfolio.

Blackstone, JPMorgan AM close $281m IOS portfolio financing for Catalyst

The real estate debt managers will refinance 77 properties across 12 markets on behalf of Catalyst IOS Fund II.

BGO’s Severino sees atypical commercial real estate recovery

Interest rate shocks, trade disruptions and the conflict in Iran have prevented a typical commercial real estate recovery from occurring.

Tim Johnson on the globalization of real estate private credit

Real estate private credit has worldwide scope today, says Tim Johnson. But Blackstone’s global head of real estate debt tells PERE Credit that does not make it straightforward.

Real estate’s global lending recovery moves past geopolitical headwinds

Despite geopolitical shocks, liquidity across global CRE credit remains resilient as lenders stay active and selective.

Roundtable: Competitive pressures weigh on US managers

Rising competition is making it more difficult for US debt fund managers to deploy capital.

BGO on separating signal from noise in global real estate credit

Access to detailed information at both market and asset level will determine real estate credit managers’ ability to identify and price risk in a fast-changing market, argues BGO’s Jim Blakemore.

An exciting change is afoot for PERE Credit

On June 1, PERE Credit will be expanding our remit to include Europe and the APAC region via a combination with our European affiliate, Real Estate Capital Europe.