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The firm’s multifamily debt funds topped $3bn this year.
Institutional allocations are also favoring this segment of the credit markets.
The debt fund manager has originated about $2.5bn of new loans so far this year.
The firm is considering select deals in the office and hospitality sectors.
The firm is buying excess condo inventory in New York and Silicon Valley.
The evolution of ground leases could be the biggest innovation for commercial real estate finance since commercial mortgage-backed securities.
The firm recently formed a programmatic joint venture with Ivanhoé Cambridge for middle market preferred equity deals.
The duo will target both the acquisition and origination of loans secured by real estate in the western US, Ireland and the UK.
Capital providers and their managers are seeking fresh pockets of value as fundraising in the sector dips.
Real estate debt looks well positioned compared with corporate debt, maintains Justin Guichard of Oaktree Capital in this interview shot at sister publication PDI's New York Forum.