Alternative Lenders

The investor backed the likes of Madison Realty Capital, Cheyne and PAG in its latest disclosure, with debt making up a significant share of its new fund commitments.

The first close is backed by Danish institutional investors Industriens Pension and Lægernes Pension.

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

The firm also saw European origination volumes rise, according to Charlie Rose, global head of credit.

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 also is raising a targeted $1.5bn US and European real estate debt fund.

The Procaccianti Companies affiliate adds a two-decade veteran of Torchlight Investors, Brookfield and Credit Suisse to its lending team.