capital formation

The Chicago-based manager is adding to existing optimism for residential and logistics sectors as the broader landscape enters another growth cycle.

The firm has hired Lisa Nordel as a managing director to bolster its underwriting, portfolio construction and institutional partnerships.

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 firm reached its hard-cap for BSP Real Estate Opportunistic Debt Fund II with 29 months of time logged fundraising on the road.

A lack of supply, not institutional ownership, is driving high home prices.

The New York-based investment management firm exceeds its initial target of $515m.

The vehicle’s $2.6bn final close came months before Brookfield agreed to buy the Los Angeles-based manager’s outstanding shares.

The Charleston-based manager’s latest credit opportunities strategy will function as a junior capital partner for the Nashville-based bank’s bridge loan pipeline.

The partnership will look at opportunities throughout the capital stack.

The Abu Dhabi sovereign investor and MassMutual will be channeling capital through the Charlotte-based manager for US, Europe and Asia-Pacific credit opportunities.