alternative lenders

Invesco's Charlie Rose talks about why the niche is drawing more attention in the current market.

Lenders are diving deeper into an emerging niche in the industrial sector and aiming for additional diversification by chasing more industrial outdoor storage opportunities.

The financing was originated on behalf of Encinitas, California-based manager, Robert Green Company.

The firm's global co-head of real estate says having $30bn of equity to deploy, at a time when debt is harder to get, is a ‘valuable asset.’

The manager has worked with third-party advisers to devise a sustainable lending framework.

Atop its standard strategy, the firm is looking to potentially invest in the rescue capital space later this year. 

Amid last year’s volatility, the firm took a step back from investing and lending. 

SVP and head of RE strategy Richard Hillsays CMBS market could play a role in ameliorating potential problems.  

The firm is watching central bank activity across markets closely as well as recession indicators.   

With loans maturing and banks retrenching, alternative lenders are seeing more refinancing deals. But ‘a lot of them we see just don’t work.’