Debt Funds

Ares’ SoCal retail trophy financing demonstrates private credit expansion

The Los Angeles-based manager picks up exposure to the kind of hard-to-replicate asset that previously was most often financed by bank lenders and the securitized market.

Ares funds $447m acquisition loan for SoCal retail trophy

A sponsor group including Redwood West, Panattoni and Prime purchased Victoria Gardens from Brookfield Properties and QIC in a $530 million deal.

Peachtree closes $103m bridge loan for Miami Beach hotel completion

The funding will help recapitalize and fuel development of the 289-key Hilton Miami Beach Convention Center Hotel ahead of its May opening.

Avila holds second close of sequel real estate credit strategy at $200m

Toll Brothers, DR Horton and Century Communities have made investments in the debt fund as AREC aims to raise $1bn in commitments.

LACERS commits $150m to real estate private credit strategies

The $27bn system is currently below its real estate target allocation.

Canyon Partners, JPMorgan close $156m refi package for Philadelphia industrial complex

The lenders jointly originated the financing to replace existing debt and fund the lease-up of the Class A, two-building Bridge Point Philadelphia.

PERE Credit Awards 2025: Celebrating resilience in a difficult year

This year’s awards include categories for mid-market and smaller-balance managers, due to the volume of loans these lenders originate and the key role they play in the market.