Borrowers

The financing will support a major decarbonization program initiated by the building’s South Korean owners.

The firm will provide origination, structuring and asset management services to existing investors with debt capital and lending programs in place.

The downsides of the financial tool are rarely explored, but they were flagged during a debate at PERE Europe Forum 2026 this week.

Hines Rialto Credit Partners was launched in 2024 with a ‘debt-first’ approach to the office sector.

The loan was provided to a subsidiary of Nordic manager Urban Partners.

The firm has lined up a $250m commitment for its credit platform, Brightshore Credit.

The expected increase is not predicted to affect pricing but could sour sentiment, lenders say.

Banks and private credit funds are competing for one of commercial real estate’s most favored sectors, speakers at the conference said.

The firm launched the evergreen fund with anchor capital from New Holland Capital.

A UK High Court judge did not accept allegations that a €920m valuation of the building was the result of lender influence on JLL.