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REC staff

The firm’s latest credit vehicle has already significantly outpaced its predecessor fund, which closed on $695m.
The fund will deploy capital in Europe and North America.
Rising hedging costs have diminished appetite for American real estate in favor of European.
The US offers stable loan underwriting standards and an opportunity for debt funds to take back market share from banks, which have lent more in recent quarters.
In the second of three instalments, Real Estate Capital examines the leading lenders in Europe today.
Investment opportunities for real estate debt in the US appear to remain strong.
The fund’s commercial focus differs from its predecessors, which targeted an array of assets.
The firm has received a commitment from the Texas Municipal Retirement System.
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