The minority-owned emerging manager is raising $500m for a strategy that seeks to keep 'struggling families' in their homes and find 'hidden alpha'.
Managers are looking at the historically underallocated investor group as they seek to expand their platforms.
The fund will eye opportunistic and thematic investments in real estate credit.
The bridge loan was secured by California resi developer AMCAL Equities.
The New York lender specializes in long-term credit tenant lease loans.
Property finance was on the agenda during week one of the 29th session of the Conference of the Parties to the United Nations Framework Convention.
Brookfield’s high-profile real estate executive discussed where the firm sees the growth potential in real estate credit investments.
Evergreen has raised $1bn in capital commitments following initial seed and involvement from Prosperity Asset Management.
The Newark-based manager has been refinancing sizable portfolios and tacking on more concentrated one-off deals to fuel momentum.
The deadline for submissions is now Friday November 22, 2024