Commentary

Nuveen Green Capital’s latest C-PACE financing shows expanded use

The firm’s $223m anchor loan to revitalize the former Cal Neva Hotel in Lake Tahoe, Nevada, signals an effort to return the storied property from road bumps to another heyday.

Time to shift the dial on representation in real estate private credit

More seasoned executives are launching their own platforms and a greater proportion are women.

Bay Area sees rise in deeds-in-lieu sale as lenders move on distressed assets 

Potential investors see a brighter future for distressed properties as rental rates rise and job growth accelerates.

Real estate credit is shoring up for knock-on effects of the US-Iran conflict

Higher oil prices seen since the start of US and Israeli military strikes on Iran could affect the cost of debt if interest rates go into flux.

Resi conversions are helping to bring Manhattan’s office market back into favor

Tenant demand for a decreasing amount of space is leading bank and non-bank lenders to be more willing to finance developments, redevelopments and refinancings.

Institutional lenders set for first stab at the next generation of New York skyscrapers

The planned developments of 2 World Trade Center and 350 Park Avenue in New York represent grail opportunities for private debt markets to participate.

Fairfax times the cycle with a bet on a manager intent on scaling its credit business

Kennedy Wilson has steadily built its real estate debt platform alongside its global equity presence ahead of its privatization by the Canadian manager.

What Blackstone’s mortgage REIT results tell us about a real estate recovery

BXMT reported positive investment and performance metrics, including an increase in performing loans and capital deployment in Q4 2025.

Real estate private credit gets its chance to offer a data center financing lifeline

Banks behind Oracle-backed construction projects are shopping loan stakes to commercial real estate private credit lenders and forcing deeper risk considerations as a consequence.

Construction lending finds a footing in multifamily

As new supply slows, private real estate lenders are adopting targeted ways to fund multifamily construction.