Debt

StepStone Group: Another record year for secondaries

The looming debt maturity wall is one of the factors expected to power manager-led secondary market transactions, says StepStone Group’s Jeff Giller.

Secondaries funds punch above their weight in real estate fundraising

Secondaries-focused fundraising totals represented just 4% of private real estate fundraising in 2025, but the strategy continues to attract capital commitments.

Kayne Anderson’s Rabil: ‘You either adjust or you die’

With the manager’s real estate arm set to be acquired by Bridgepoint in a $1.4bn deal, CEO Al Rabil says investors’ changing allocation habits are driving a need to scale.

PERE Credit 100 launch arrives at an industry-wide inflection point

PERE’s debut ranking of the top 100 private real estate credit fundraisers is preceding a cycle where managers are expected to play a more significant role in refinancing and supporting the real estate industry’s transaction momentum.

Trinity Church, one of New York’s biggest landowners, is bullish on RE credit

The endowment is also optimistic about resilient office assets and a market rebound amid renewed leasing momentum.

Income Insurance to rethink real estate strategy amid macro challenges

The Singaporean insurer is exploring new investment strategies – including credit – to optimize returns in a higher cost environment.

The residential underwriting reset

As the era of cheap debt fades, investors are relying on income growth, stronger asset selection and more disciplined capital management to drive returns.

Making the financial case for impact investing

New research from the Multifamily Impact Council and NYU finds multifamily resident services, engagement and sustainability initiatives positively influence NOI, writes Bob Simpson, founder and CEO of the Multifamily Impact Council.

The lifestyle renter: A durable demand driver

Evolving demographic trends are shaping the assets, neighborhoods and strategies residential investors are targeting for long-term performance, writes Andrew Levison, partner and chief investment officer of the Dermot Company.

Five forces are reshaping global living-sector investment

Institutional capital is redrawing residential strategies as structural shortages, operational intensity and demographic demand reshape the global living sector.