allocation strategy

As institutional allocations to real estate have grown, Hodes Weill is seeing more focus on the underlying credit risk in some of the strategies being marketed to investors.

The bank just closed its acquisition of Sabal Capital Partners, expanding its on- and off-balance sheet lending options.

A return to work could lead to a new lease on life for these properties.

Debt funds are seeing activity boom compared with banks and other lenders as transaction volume and complexity rise.

Torchlight, Berkshire Residential Investments and Rialto Capital all saw major fund closes during the period.

Borrowers are seeking speed and certainty over execution of loan terms, says Bryan Donohoe, partner and head of real estate debt at Ares.

With a consensus set around the top property types and locations, debt fund managers at the PERE America Forum discussed ways to stand out.

As origination competition intensifies, the head of real estate debt at private equity firm Apollo sees opportunity in lending to transitional assets like offices in 2022.

The move comes as the Securities and Exchange Commission in October published a report calling for greater access to private funds for individual investors.

Rental housing and industrial are the firm's top priorities.