Alternative Lenders

The firm hired Needham Point Capital co-founders Jeremy Burton and Tristine Lim to lead Blue Light Credit.

BXMT borrowers will be able to use agency financing through M&T’s Fannie Mae and Freddie Mac platforms.

Although originations are substantially below pre-pandemic levels, the market could be nearing a bottom.

The proposals’ implementation is expected to prompt a major expansion in private credit providers’ lending platforms.

The New York-based manager has made more than $150m in preferred equity investments over the past five months.

The New York-based manager has raised $1.3 billion for C-PACE lending series over the past 12 months, backed by appetite from insurance companies.

While debt funds have stepped in to fill the void to a certain extent as banks have scaled back, these lenders are also seeing a negative impact of a higher for longer interest rate outlook.