strategies

The manager could allocate up to approximately 25% of its sixth opportunistic fund toward real estate opportunities.

The commitment represents a new relationship for the $11bn San Diego retirement system. 

Five-property portfolio in Arizona comprises independent living, assisted living and memory care units for seniors.

The consortium of borrowers includes German institutional investors, developer SHVO and Deutsche Finance America.

The firm says scalability and sustainability are essential factors when it comes to underwriting where data is key.

The $11bn institution has invested in Sabal Debt Opportunities Fund III.

PERE Credit’s inaugural Borrowing Barometer survey is designed to take the pulse of the US real estate financing market from those that use debt or raise it on behalf of those that use it.

The $11bn pension fund will be launching searches for managers imminently.

The system has rebalanced its portfolio, increasing its private real estate debt target and decreasing that of its core real estate by 2% each way. 

Real estate debt specialists say the partnering of lender types is a means of necessity rather than innovation.