Strategies

Blue Owl nears $1bn raised across real estate and data center credit strategies

The New York-based manager noted it is drawing closer to $1.5bn targets set for the first vintage in each series during its Q2 earnings results.

S3 Capital details next platform targets following $10bn milestone

The New York-based manager is looking for construction lending opportunities in and beyond the stateside Sun Belt market for its next $10bn of volume.

Qualitas’s Schwartz: European expansion could rival Australian arm

Andrew Schwartz, the Melbourne-based manager’s co-founder, says Europe’s lending market offers significant scope for growth.

Zenzic Capital’s evergreen credit fund receives $100m from Stable AM

The firm aims to grow the fund to $2bn as it expands institutional investor relationships and ABF market presence.

Game, set, duration match: How real estate credit is serving an ace for insurers

More insurance company investors are moving toward allocations and partnerships with US and European real estate private credit managers as their income needs grow.

TPG Credit, Harvest Capital close $600m Florida resi recap

Repeat borrower Metro Development Group will use the financing to recapitalize a portfolio of 10 residential communities.

Brookfield closes buy of $890m loan portfolio from Sunflower Bank

The FirstSun Capital Bancorp affiliate sold the performing multifamily commercial real estate loan pool to reposition its balance sheet.

European partnership to target secondary real estate NPL trades

Luxembourg-based APS Holding sees opportunity to acquire leftovers of larger portfolios from their original buyers.

BGO on separating signal from noise in global real estate credit

Access to detailed information at both market and asset level will determine real estate credit managers’ ability to identify and price risk in a fast-changing market, argues BGO’s Jim Blakemore.

EXCLUSIVE: S3 closes latest residential debt fund on $850m 

The firm raises $850m in discretionary commitments, with $465m in co-investment capital.