Debt

While most managers opt either to hire star talent to build a new business or acquire an existing platform, the New York-based firm chose to do both.

CREFC Europe, INREV and the Alternative Credit Council hit back at ECB warnings about risks posed by commercial real estate.

The new recruit completes the Atlanta-based manager’s global hiring spree of senior capital raisers over the past year.

Masked by the sector darling’s significant growth over the past four years, many miscalculations are now coming to a head.

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

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

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

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

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

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