alternative lenders

As another real estate cycle begins, it is the managers investing in debt as well as equity that believe they are best set.

The meeting comes as transaction activity has started to tick up after a slow 2023.

The Federal Reserve has not changed the target rate, which has stood at a level of 5.25-5.5 percent, since July.

Blackstone’s president says commercial real estate values are bottoming out and expects an uptick in realizations in H2.

Indraneel Karlekar returns to the New York manager, where he previously headed research during his days with affiliate ING.

Taconic Development Advisors is also starting to see more opportunities to work with lenders and investors seeking advisory services early on when looking at troubled loans.

The London-based manager is targeting US commercial real estate debt originations via a partnership with Quadrant Real Estate Advisors.

The new company will originate first mortgages, mezzanine debt and preferred equity investments.

CIO Wes Fuller says the firm will put a greater focus on strategic partners and growing its investor base.

Reven Office REIT will originate first mortgages, mezzanine debt and preferred equity investments.