Lenders

PGIM Real Estate taps new leaders for agency lending group

McRoberts’s retirement triggers three appointments to oversee the $45bn agency servicing portfolio.

Kayne Anderson Real Estate acquires $1.3bn Synovus Bank medical office loan portfolio

Bank sale mirrors similar moves by Capital One and Pacific Western Bank to add liquidity amid market stress.

Looming maturity wall gives rise to new ‘blend and extend’ strategy 

Blend and extend is the latest iteration of the ‘extend and pretend’ strategy frequently seen in the wake of the Global Financial Crisis.

PGIM’s Farrell outlines large loan, preferred equity opportunity amid bank pullback

Lack of money center banks is creating more space for private credit lenders with multifamily, industrial and construction lending.

3650 REIT sees unprecedented market cycle  

As the retail apocalypse ends, the office Armageddon begins, says Toby Cobb, co-founder of the national real estate investment trust.

PGIM Real Estate reconfigures leadership following alts business launch

Cathy Marcus and Raimondo Amabile will become co-CEOs of the New Jersey-based manager in October.