alternative lenders

The impact of tariffs on interest rates and transaction volumes is top of mind for lenders and borrowers today.

The four-year loan will be used by LV Collective to replenish capital backing Rambler Athens, a 750-bed complex adjacent to the University of Georgia.

The New York-based investment management company is raising concerns about the volume of loans slated to mature in 2025 and 2026. 

A March report from Zillow said there was a roughly 4.5-million-unit housing shortage in the US at the start of 2025. 

Terra and Turnberry will use the funding to advance work on the Grand Hyatt Miami Beach adjacent to the city’s convention center.

The New York-based manager is targeting $1bn of additional loan originations as part of the expanded partnership.

The funding will be used by BLDG and Metrovest for a Class A resort on Long Island.

Debt fund managers remain active, albeit cautious, as the Trump administration has this week implemented and rescinded tariffs on nearly all US trading partners.

The results and analysis of this research will feature in a report on the alternative lender market in PERE Credit's June issue.

The transaction is expected to close April 9 and is a positive notch toward further institutionalization for the niche financing category.