Randy Plavajka
The Charleston-based manager surpassed its original $750m target for the real estate credit vehicle and has already committed $1.8bn in loans.
The New York-based manager is aiming for growth – and the real estate credit capabilities of Oaktree are critical to that initiative.
Why the ability to deploy capital quickly is becoming key to a manager's ability to tee up their next fund.
The fund falls short of its $1bn target; it will originate first mortgages backed by high-quality assets
With Jesse Hom at the helm, the firm is building up its real estate credit platform after the acquisition of Prima Capital Advisors.
The Newark-based manager has been refinancing sizable portfolios and tacking on more concentrated one-off deals to fuel momentum.
Franklin BSP Realty Trust’s Comparato breaks down the transaction, which marks a bright spot for a quiet sector.
The co-architect of the Toronto-based manager’s real estate credit platform, Andrea Balkan, is departing after 22 years with the firm.
The firm hired Needham Point Capital co-founders Jeremy Burton and Tristine Lim to lead Blue Light Credit.
Closings are ticking up as borrowers re-enter the market, but wider activity is still tempered.