alternative lenders

The metrics of underwriting an apartment property have changed substantially since the start of the covid-19 pandemic.

The firm has closed about $100m of new loans since opening its doors in May and all of them have been bridge financings.

The firm, the debt financing arm of Slate Property Group, will target loans of more than $50m.

The credit manager is looking to build out a new portfolio in the space to complement its primary value-add strategy.

The ongoing banking pullback is the building blocks for this activity, said Alan Purser, global head of capital formation. 

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.