alternative lenders

The manager will be looking to originate its own loans, pursue securitized deals and acquire loans from traditional lenders as part of its real estate debt roadmap.

In her departing interview, the outgoing president and chief executive officer of CDPQ’s real estate business talks about leaving the job, her next role and her ‘natural’ successor.

The Paris-based manager’s global head of research and strategy believes it will be difficult to predict timing on a potential recovery, however.

At a size of $1.4bn, ACORE Credit Partners II is also the joint fourth-largest private real estate fund closed globally so far this year.

The former Affinius Capital head of credit capital markets will focus on private credit product expansion.

A growing number of commercial real estate managers have launched or expanded their lending platforms over the past three to six months.

Speaking at the PERE Network Europe Forum, the CEO and CIO of the asset management giant said Europe’s debt funding crisis is about to intensify.

The 23-hotel CMBS financing will recapitalize properties across 10 states.

Monday Properties and Pacific Elm Properties this week also lined up financing for high-quality office assets. 

Partners is targeting $500m of initial investments with the door open for more capital commitments to Trinity on the table.