Debt

OCIO and adviser to foundations and endowments has identified a higher comfort level with RE debt than alternatives.

Private real estate lenders are set to be part of the solution to today’s version of distress.

The Florida-based hotel specialist identifies an opportunity set within the hospitality sector in particular.

The US manager has teamed up with Macquarie to provide the facility as part of a multifamily refinancing.

Lenders are pushing borrowers to resolve maturing loans, but the ample liquidity available in today’s market has so far helped to keep distress in check.

JLL-advised dealflow data indicates lenders and sponsors are not waiting for rates to move as they act on immediate borrowing needs.

The New York-based manager noted it is drawing closer to $1.5bn targets set for the first vintage in each series during its Q2 earnings results.

The Nashville-based manager extends its Northeast US lending streak, which has largely bulked multifamily and industrial sector exposure year-to-date.

Private real estate credit managers seeking to diversify their investments in alternative sectors are primed for more in the industrial sub-category.

PRECap VIII will provide whole-loan and mezzanine financing, as well as preferred equity, across European real estate markets.