The current environment could create opportunity for Ten Capital to expand its portfolio, CEO Ben Adams believes.
The mortgage REIT in May upsized its revolving credit facility from $45m to $65m.
Surging employee demands combined with an unprecedented number of openings are producing major hiring headwinds for real estate debt firms.
The niche sector has continued gaining momentum and investor interest from institutional capital.
Major closings in the first quarter included a roughly $2bn offering from Madison Realty Capital and an undisclosed fund from Silverstein Properties, Silverstein Capital Partners Fund.
Parkview Financial funded a $207m loan to acquire and redevelop the property.
The investor type is coming into its own as an alternative source of commercial real estate financing.
The participants in affiliate title PERE’s global debt roundtable consider economic opportunities in a world transformed by the war in Ukraine.
The move comes as commercial real estate debt investments are moving toward the mainstream.
Alternative lenders are growing their assets under management – and looking at ways to green the lending process.