Debt

With only $19.8bn raised, the first quarter of 2024 recorded the lowest Q1 fundraising amount since 2011 when $15.2bn was corralled.

The manager will be looking to originate its own loans, pursue securitized deals and acquire loans from traditional lenders as part of its real estate debt roadmap.

The largest real estate debt managers once again outperformed in a nightmare year for real estate fundraising.

Smaller real estate assets can often be acquired at very favorable values, offering multiple exit ramps, says Arrow Global Group’s Zach Vaughan.

A golden era for alternative real estate lenders has so far failed to get underway. But there are signs the machinery is becoming unclogged.

The impact of rising rates on borrowers has yet to catalyze a wave of distressed sales. But there are signs they are coming.

The firm’s co-heads of real estate talked about what drove leadership change at the top and what is next for the $49bn business.

At a size of $1.4bn, ACORE Credit Partners II is also the joint fourth-largest private real estate fund closed globally so far this year.

A senior representative from the central bank played down the risks associated with banks’ commercial property exposure at the PERE Network Europe Forum this week.

Jesse Hom will join the firm in June as it looks to expand its real estate presence amid bank lending pullback.