PERE Credit’s inaugural Borrowing Barometer survey is designed to take the pulse of the US real estate financing market from those that use debt or raise it on behalf of those that use it.
The duo extend debt for four years on the office asset amid sector volatility.
The firm is targeting more RIA and family office allocations to continue investment momentum.
While prices and the availability of financing have fallen as interest rates remain high, the industrial sector is on a different trajectory, BKM Capital Partners said in a white paper released this week.
The industry veteran also joins the company’s board of directors.
The loan will be used by DECA and Wildcat joint venture to build Perris Gateway.
The Miami-based alternative lender anticipates a rise in distressed transactions – but in a way that is very different than in past cycles.
The $11bn pension fund will be launching searches for managers imminently.
The live-work development’s funding includes a $155.5m C-PACE component.
The system has rebalanced its portfolio, increasing its private real estate debt target and decreasing that of its core real estate by 2% each way.