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The new hire will replace Randy Hoffman, who left last year after two decades at the real estate arm of Canadian pension plan OMERS.
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The dominant theme of the first quarter of 2026 was the dramatic increase in interest rate volatility, market participants told PERE Credit.ย 
Close up image of a speed bump.
Lending volume is gaining momentum, but several factors are dragging down a true recovery.
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Regional and national bank lenders are making a welcome return to commercial real estate financing.
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The $921m acquisition will give Savills greater exposure to the US market and accelerate its ambition to offer clients investment banking services.
Theย luxuryย condominiumย propertyย isย backed by presold revenuesย andย receivedย competitive financing fromย the Newย York-based privateย manager.
Theย Chicago-based manager notesย a spike in oil prices could have a knock-on effect on the commercial real estate debt and equity markets.ย 
As real estate private credit enters its next phase, lenders underscore why the sector is different than the broader private credit market.

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