Alternative Lenders

The global alternative credit manager made the hire to increase its commercial real estate credit business.

North America dominated both funds closed and funds in market.

The Lending Barometer found that about 51.3%, or $70.3bn, of loans tracked year-to-date were comprised of refinancings.

Property lenders are keeping their cool amid the slide in bonds, but their focus on asset selection is set to intensify.

The Canadian firm’s Prashant Raj and Derek Richter explain why Europe’s real estate private credit market is a match for pension fund capital.

The firm lined up co-investment from a consortium of international partners for the credit facility.

Special servicers are now rolling up their sleeves.

John Richardson joins the firm from Arbor Realty Trust, where he filled a similar role.

Nuveen Green Capital, Morgan Stanley and Barclays provided $856m in financing for the Boston mixed-use development.

The financing will be used to complete a $730m acquisition of a 30MW data center property.