Home Alternative lenders
alternative lenders
As banks are pulling back, debt funds are helping sponsors bridge the gap to the next cycle.
ArrowMark Partners is ready to lend as borrowers seek to extend, refinance debt, says Rob Brown, portfolio manager at ArrowMark Partners
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.
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 median real estate manager could beat private equity returns by 20 basis points over the next decade, he said at PERE Network’s America Forum.
The London-based investment management company is seeking a cornerstone investor for its US-focused lending venture with Quadrant Real Estate.
The pair of long-serving real estate pros arrive at a time where Criterion is ‘positioned for prolific growth,’ per founder Chuck Rosenzweig.
The firm anticipates another capital closing before year-end and then a final close late in the first quarter.
The New York-based investment manager originated the financing for an affiliate of Raven Capital Management.