Samantha Rowan
Borrowers, lenders and investors should stay focused on the potential impact of rising insurance costs.
The San Francisco company is raising capital for its third Opportunity Zone fund.
The US manager now invests more than $150bn on behalf of insurance companies.
The firm’s multifamily debt funds topped $3bn this year.
The retail-focused REIT was drowning in more than $3.5bn of debt prior to its June bankruptcy filing.
The firm believes secular changes in consumer behavior that are driving the US and industrial logistics markets are a strong opportunity.
The firm has closed a pair of loans that fit this profile, with a growing pipeline.
The company anticipates lending volume of about $1.5bn in 2021.
The debt fund manager has originated about $2.5bn of new loans so far this year.
The firm has ambitious plans for its multifamily portfolio.