Alternative Lenders

JEMB Realty will use the $8m loan to fund Herald Towers’ infrastructure upgrades alongside existing debt from Blackstone and Corebridge.

Income will increasingly be the focus for debt and equity managers seeking to deploy capital, says Rich Hill, senior managing director and global head of research and strategy at Principal Real Estate.

The sector completed 77 deals in November and December, outperforming the second most competitive sector by 47 deals.

The floating-rate bridge loan will be used by L&L Holding Company and Oak Row Equities to retire construction debt and fund remaining leasing costs.

The firm struck a near-split between refinancing and acquisition deals across $4.5bn of loan commitments in 2025 across North America and Europe.

The language around non-recourse carve-outs has become more technical over the past 15 years.

Real estate private credit managers are capitalizing on the opportunity set around the US housing shortage.

Inside: Solving the housing puzzle – why private real estate credit is stepping up; Inside the mid-market lending boom; How asset-based finance is finding a role in commercial real estate portfolios; Plus, much more…