Debt

The CEO believes real estate private credit could become the biggest part of the Toronto-based manager’s global property business.

Demographics and aging stock support residential private lending across Europe, says Arrow Global’s Ellis Sher.

The addition of Cromwell Europe will double Stoneweg’s AUM and expand its wheelhouse into multiple new markets, says founder Jaume Sabater.

Debt providers are converging on favored types of real estate, the consultant said at its latest Financing Property event.

Industry executives agree on a positive outlook for US real estate, but not on whether the upswing will include the out-of-favor sector.

West Street Real Estate Credit Partners IV will have more than $7bn of lending capacity.

Included in the firm’s arsenal of capital is $2.5bn raised for two Asia real estate funds following its acquisition of Angelo Gordon.

Among the $20bn raised by the Toronto-based firm during the period was $2.2bn for its fifth flagship real estate fund, BSREP V.

The Los Angeles-based firm expects to bring to market the latest iterations of its European and US value-add real estate funds this year.

A trend of institutional investors elevating credit-focused executives is a natural and predictable mirror of what is happening with managers.