Debt

Deep Dive: Private real estate’s surprise problem child

Default risk in the multifamily sector is growing, catching out some managers and their investors – while creating opportunities for others.

MIPIM 2024: The debt funds are ready, but the deals are missing

Options for alternative lenders to capitalize on the opportunity in real estate debt are taking longer than expected to manifest in Europe.

ESR’s ARA Private Funds sale has three carve-outs

Although the firm will continue to own other parts of ARA Asset Management, the APF sale itself includes notable exclusions.

ECB sees non-bank real estate lenders as major risk to financial stability

The vice-president of the European Central Bank says alternative debt providers are of greater concern than traditional lenders.

Apollo launches European real estate debt fund

New vehicle is the firm’s first commingled fund for its global commercial real estate credit business.

Blackstone’s Gray sees ‘structural changes’ in credit

Gray tells PEI Group’s NEXUS conference that corporate and real estate debt are the fastest growing assets of the firm.

Lender conversations in Asia-Pacific are ‘very location-specific’

Refinancing challenges for borrowers in the region can differ widely depending on the market where they are investing.

Commercial real estate in APAC faces down a wall of maturities

Asia-Pacific real estate investors with loans to refinance have new pressures to deal with, especially in certain sectors or markets.

GAW Capital: The long and the short of Asia private debt

Market dislocation means lenders to Asia-Pacific real estate can hit equity returns, say Gaw Capital’s Kenneth Gaw and Foster Lee, but private credit will remain a valid strategy once the dust settles.

Asian influence grows in RED 50

The contribution of Asia-Pacific-based firms to PERE’s real estate debt ranking is growing.