Debt

PERE hears from an investor in each major region about what real estate debt means to their respective organization.

Real estate debt managers drew ample investor support for strategies ranging from senior debt to special situations, despite unprecedented uncertainty in the global macroeconomic environment.

PERE’s latest ranking of the largest real estate debt fund managers shows covid-19 has been no obstacle for the asset class.

The consultancy has hired former JP Morgan and Deutsche Bank real estate banker Birju Shah to lead a combined debt and equity unit.

The head of Blackstone Real Estate Debt Strategies in Europe will take on Amy Klein Aznar’s role at LaSalle as she becomes executive chair of the business.

The Toronto-based alternative asset manager will now expand its product offerings stateside following the take-private transaction.

The property manager will target senior loans across a range of UK commercial real estate sectors for terms of up to 50 years.

Oaktree’s substantial deployment of its latest property fund is not indicative of dealflow in the market overall, but rather that it is ahead of the pack.

The use of these facilities is expected to grow and, while most investors accept their use, a significant cohort have concerns.

The manager secured commitments from new and existing participants in its European credit fund series.