Borrowers

A maturing asset class and a return to development and office investment were among the key themes of this year's awards.

The merged entity will boast a combined real estate heft of around $172bn in assets under management across equity and debt in all major regions.

The sector completed 77 deals in November and December, outperforming the second most competitive sector by 47 deals.

The language around non-recourse carve-outs has become more technical over the past 15 years.

Real estate private credit managers are capitalizing on the opportunity set around the US housing shortage.

Inside: Solving the housing puzzle – why private real estate credit is stepping up; Inside the mid-market lending boom; How asset-based finance is finding a role in commercial real estate portfolios; Plus, much more…

Apollo Commercial Real Estate Finance this week sold the residential- and office-heavy portfolio to Athene, its insurance arm. 

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.

After nearly 20 years with Nuveen Real Estate and parent TIAA, the veteran investment manager has taken on a senior role in Invesco’s New York office.

Fund managers have largely focused on developing purpose-built single-family properties in recent years rather than buying existing assets.