Core

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.

Banks and private credit funds are competing for one of commercial real estate’s most favored sectors, speakers at the conference said.

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.

Crestline Management recently closed its $625m European Capital Solutions Fund II, eyeing Spanish residential development.

The five-year facility for Aprirose comes amid a growing focus on social housing delivery in the UK.