fundraising

The ranking’s biggest lenders were PGIM and KKR, lending a combined total of $74.2bn between 2018 and 2022.

This is the Washington-based company’s first ever credit-focused investment vehicle.

Debt funds and alternative lenders step into the space left by banks, Real Estate Capital USA data shows.

The firm expects to see a rise in portfolio and property recap opportunities over the next six to 18 months as traditional lenders pull back. 

The Los Angeles-based manager is targeting $3bn for its Real Estate Debt Fund IV.

Blackstone's president and chief operating officer considers real estate debt to be ‘an area of growth' for the firm.

The industry veteran is joining the New York-based credit shop as it closes its first institutional private fund.

The firm's global co-head of real estate says having $30bn of equity to deploy, at a time when debt is harder to get, is a ‘valuable asset.’

Teachers Retirement System of the State of Illinois and Teachers Retirement System of Louisiana were also heavy hitters.

The US commercial real estate debt markets navigated rising interest rates and macroeconomic and geopolitical turmoil for a number of solid transactions. Find out which organizations and deals were voted last year’s best.