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The Charlotte-based manager is seeing banks and other traditional lenders hesitate amid volatility, but it is confident in its ability to line up debt.
The firm hired Perry Boyle to boost fundraising as it launches a $100m fund.
The four-tranche, five-year financing is split into two components, and each was designed to address a specific part of the development.
Low supply, high demand forces new risk profiles and equity staging.
AB's head of private alternatives, Matt Bass, tells REC USA the CarVal acquisition fills gaps in its opportunistic and distressed credit capabilities.
The Los Angeles-based manager is angling itself for another round of volatility, says Justin Guichard, co-portfolio manager of the platform.
The firm has ambitious plans for its multifamily portfolio.
The firm also recently launched a commercial loan product targeting stable situations.
The firm is buying excess condo inventory in New York and Silicon Valley.
Torchlight Debt Fund VII is the largest US real estate debt fund to be closed this year.