Opportunistic

Madison Realty funds $480m loan for Manhattan office-to-resi project

The firm is adding to its New York City conversion tally with 1740 Broadway’s reconfiguration into a 420-unit residential offering.

What private real estate lenders can learn from David Bowie

This week’s CRE Finance Council conference in New York used the music of the legendary rocker to put today’s market into context.

Kayne Anderson: Discipline and creativity define the best risk-reward in real estate credit

A relative value approach to investing across public and private markets, combined with the ability to structure bilateral deals and maintain control, is how to drive outperformance, argues Lee Levy, head of real estate debt at Kayne Anderson.

Naftali Credit Partners plans third real estate debt fund launch

The real estate credit lending arm of Naftali Group will target $1bn in capital commitments following a $302m raise for its prior installment.

BGO makes the case for real estate private credit in insurance company portfolios

The report, released this week, serves as both a primer and prompt on how the asset class would sit within an insurance company portfolio.

Fairfax times the cycle with a bet on a manager intent on scaling its credit business

Kennedy Wilson has steadily built its real estate debt platform alongside its global equity presence ahead of its privatization by the Canadian manager.

Sculptor’s early investments for its $4.6bn opportunistic fund reveal a cautious stance

The bulk of the deployment for Sculptor Real Estate Fund V has come via mezzanine debt and preferred equity investments, indicating how some opportunistic investors are mitigating risk.

Sculptor closes latest opportunistic fund at $4.6bn

The New York-based investment manager exceeded its target by more than 50%.