Residential

Real estate private credit managers are capitalizing on the opportunity set around the US housing shortage.

Robert Holuba will oversee the merged private real estate platform at the Pennsylvania manager while Dean Frankel will continue leading the public platform.

As new supply slows, private real estate lenders are adopting targeted ways to fund multifamily construction.

The borrower is a joint venture between Interstate Equities Corporation and PGIM.

A lack of supply, not institutional ownership, is driving high home prices.

Fund managers have largely focused on developing purpose-built single-family properties in recent years rather than buying existing assets.