alternative lenders

The New York-based alternative investment manager picks up more real estate debt and equity capabilities as part of $450m deal. 

The firm believes the best way to alleviate the housing shortage is to fund best-in-class developers.

There will be several chapters to the story of the office sector's next recovery, says global chief investment officer David Steinbach.

The Santa Monica, California-based company received a commitment from London-based investment manager Triple Point that will allow it to significantly scale its business. 

The fund has seeded a just-launched private debt strategy from an industry veteran.

When there is a dearth of capital for a sector, that could signal a time to look at the asset class more closely, said Peter Gordon, head of US commercial real estate debt.

The financing, which comprises a construction loan and C-PACE financing, will be used to develop the second phase of a mixed-use project in Darien, Connecticut. 

Amit Rustgi, who joins from PIMCO, will focus on credit opportunities across sectors.

Five executives at the California-based investment manager have assumed new roles as two other professionals have left the firm.

While costs have been rising for the past decade, they are now having an impact on investment decision-making.