Samantha Rowan

A closer look at the ranking – by firm headquarters, distribution of total capital raised within the ranking, and how it compares with our affiliate title PERE’s RED 50 ranking of global real estate debt fundraising.

The manager just completed the sale of a fully leased, 1.1 million square foot warehouse portfolio in North Las Vegas.

The firm sees a gap in financing for diverse, mid-market managers.

While the firm uses outside data sources in addition to its own portfolio, being able to look at its assets has helped to manage risks.

The four-tranche, five-year financing is split into two components, and each was designed to address a specific part of the development.

Michael Cale, co-head of debt investment at Allianz Real Estate of America, said the firm is also selectively originating retail loans.

For investors that are picking the right spots, there is financing. But it is more difficult than it was in the past.

The conduit market has also seen strong growth so far this year, but this may not continue.

Lenders are starting to better understand the dynamics of energy retrogrades and giving credit for this in pricing.