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The move comes as more borrowers are turning to non-bank lenders.
The firm believes secular changes in consumer behavior that are driving the US and industrial logistics markets are a strong opportunity.
The firm has closed a pair of loans that fit this profile, with a growing pipeline.
The firm is seeing distress creep in as the covid-19 pandemic continues to tamp down recovery.
The investment will help to drive product development.
The Chicago multifamily office believes that its low leverage and high-quality locations allow conservative lenders to get comfortable with the risks.
The commercial property market needs to focus less on cosmetic changes to properties and more to legitimate energy efficiency and sustainability.
The newly listed asset manager acquired the Chicago-based net lease specialist for $1.6bn. Oak Street says the deal paves the way for further growth.
Market participants foresee some potential integrational and operational issues when lenders step away from LIBOR on December 31.
The firm is considering select deals in the office and hospitality sectors.