Specialist lenders are gearing up for distress in various ways, such as creating short-term structured credit platforms to originate mezzanine debt or preferred equity.
5 min read · 17 October 2023
The largest fund closed in 2023 to date is Marathon Secured Private Strategies Fund III, which had $1.7bn raised.
1 min read · 12 October 2023
Over the long-term, the firm hopes to have half of its portfolio in the US and other developed markets.
4 min read · 10 October 2023
Pennyslyvania Public School Employee’s Retirement System have made the second largest investor commitment so far this year, with $200bn committed to the PIMCO Commercial Real Estate Debt Fund II as of September 5.
1 min read · 09 October 2023
The Newport Beach-based manager has closed its second property credit fund on $3bn, more than double the size of its predecessor.
3 min read · 05 October 2023
The manager expects high interest rates and lower deal volumes to restrict broader CLO market comeback.
3 min read · 04 October 2023
The transaction market remains stymied by a wide gap between buyers and sellers.
3 min read · 04 October 2023
The US multifamily markets are largely seeing strong demand indicators, but disrupted commercial real estate capital markets are complicating the situation.
10 min read · 02 October 2023
Leverage helped to fuel acquisitions, refinancings and returns over the past cycle. Now, lenders and borrowers are working to adapt to a new reality.
10 min read · 02 October 2023
