Strategies

The $136bn system has invested in the San Francisco-based manager’s ACORE Credit Partners III and its series predecessor.

The firm has also launched a targeted $150m fund focused on providing short-term loans to borrowers on the East Coast and in the Sun Belt.

The strategy is increasingly finding its place in commercial real estate portfolios.

The New York-based alternative asset manager is expecting to sell the performing loans individually and is open to small discounts.

Private real estate veteran Sonny Kalsi is to lead a growth strategy for Sun Life Capital Management, which aims to see its assets under management double to $600bn within five years.

The asset class overlaps with the real estate and consumer sectors.

A special use case is emerging for residential-focused bridge lenders.

An aging population is opening the door for more debt strategies in the healthcare sector.

As the market begins to recover, bridge financing is giving borrowers the flexibility and time to stabilize assets and execute business plans, says Canyon Partners Real Estate’s Robin Potts and Jacob Feingold.

More than $957bn of loans are slated to mature before year-end, leading a multifamily specialist to shake up the way it lends to fuel refinancings.