Alternative Lenders

Urban Investment closes $116m construction loan for Syracuse resi overhaul

The funding is part of a $269m recapitalization for BFC and SAA Canopy’s planned 393-unit rebuild of Parkside Commons.

Affinius expands European platform with trio of new originations

The firm’s European credit platform has now closed four transactions this year.

PGIM hits $400m in first close for latest high-yield European debt fund

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

US regulatory environment tilts toward housing creation, away from data centers

The 21st Century ROAD to Housing Act aims to spur new housing development and put guardrails on institutional ownership.

Lenders take creative tacks to scale $875bn US multifamily maturity wall 

Sponsors need to close the door on a wave of 2021-vintage, floating-rate loans that are approaching or have reached their final maturity.

Boston Retirement System seeks to make new real estate credit commitments

The $8.9bn pension aims to commit $15m-$30m to real estate credit in 2026.

Now live: PERE’s Inaugural Credit Manager Survey

PERE has launched its inaugural PERE Credit Manager Survey, a report through which we will gauge the state of play among real estate private credit managers in the US, Europe and the Asia-Pacific region. The survey, which closes on August 28, aims to get a sense of where lenders are active and why, fundraising initiatives, […]

Barings, North Carolina pension expand partnership with $2.1bn commitment

The Charlotte-based manager has been making a broader push to expand its US and global real estate platforms via public pension funds and other investors.

Avison Young close to resolving dispute with UK tax authorities

HM Revenue & Customs last week filed a winding-up petition against Avison Young Real Estate Finance and other entities over historical tax obligations, but a spokesperson said the situation will be resolved shortly.

KKR floats ‘strategic alternatives’ for listed mortgage REIT

The board of KKR Real Estate Finance Trust is exploring strategic alternatives for the real estate investment trust, according to Q2 2026 financial results.