The pension fund made 10 commitments totaling $1.28bn to the sector from 2017 through the third quarter 2022
The company expects to see strong rent growth over the next two years.
With a looming threat of inflation, the sector is starting to feel like a safer bet.
The workhorse of the commercial property finance market is down but might not be out.
The Canadian investor sees preferred equity as a route to expand and diversify its $12bn residential portfolio amid a financing gap for developers.
Inflation fears are back but mitigating forces should not be underestimated, says Jose Luis Pellicer, head of investment strategy and research at M&G Real Estate.
PERE hears from an investor in each major region about what real estate debt means to their respective organization.
Consultant RCLCO told the $280bn pension it should consider increasing leverage, value-add strategies and construction in anticipation of a market reset.
The Miami-based firm expects most loans in special servicing to become performing again, largely because of higher credit standards post-GFC.
The world’s largest CMBS servicer says its actual special servicing activity during the covid-19 crisis is more than what the numbers show.