Anna-Marie Beal
An attractive balance of risk and return in the mid-market is seeing many lenders shift their attention away from larger transactions to more defensible deals.
The $159bn retirement system currently has 15% of its portfolio allocated toward real estate, against a 17% target.
The borrower is a joint venture between Interstate Equities Corporation and PGIM.
PERE Credit's inaugural investor report illustrates investor commitments from 2025 and preferences for the year ahead.
PERE Credit’s inaugural fundraising report finds North American real estate debt regained momentum in 2025, with greater clarity on interest rates helping unlock investor activity.
The Bank of America-led CMBS loan represented one of the largest SASB deals in Georgia for 2025.
The partnership will look at opportunities throughout the capital stack.
The firm worked with Breslin Realty and Fields Grade Development to refinance debt on a multifamily property in New York.Â
Institutional investors are deploying smaller, targeted commitments, with more focus on funds – creating opportunities for specialist managers.
The asset class overlaps with the real estate and consumer sectors.