Commentary

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

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

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.

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.

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

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

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

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.

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

Real estate debt managers are hopeful the rebound that started in 2025 will gather momentum, despite geopolitical and macroeconomy volatility.