Lending - Blue Vault

Lending

April 3, 2024

Sovereign Wealth Funds and Mega Pensions Seek Solace in Private Credit Boom

The private credit market was under US$ 300 billion in 2010, but is projected to grow to US$ 3 trillion by 2028, according to SWFI research estimates.

January 3, 2024

Bank OZK Provides $220M Construction Loan for FAT Village in Fort Lauderdale

"At a time when financing and construction starts have materially slowed, it’s gratifying to be in a position to move forward on FAT Village, which we believe will be a transformational development for Flagler Village and Fort Lauderdale."

October 9, 2023

Bluerock High Income Institutional Credit Fund Logs a Record Approximate +6% Q3 Shareholder Return, an Increase in the Annualized Distribution Rate to 11% and Reaffirms its Positive Forward Outlook for the Senior Secured Loan Sector

Notably, the Bluerock High Income Institutional Credit Fund’s underlying portfolio is currently comprised of 96% senior secured loans, the highest position in a corporate capital stack and are 99% floating rate in nature.

October 3, 2023

T. Rowe Price and Oak Hill Advisors Launch “OCREDIT” Private Credit Fund

T. Rowe Price and Oak Hill Advisors (OHA) are pleased to announce the launch of their joint investment offering, the T. Rowe Price OHA Select Private Credit Fund (OCREDIT). OCREDIT provides an OHA-managed private credit investment solution for income-oriented individual investors with the convenience of a non-traded, perpetual-life business development company (BDC) structure.

September 8, 2023

Private Debt Exceeds Investor Expectations; RE Debt Funds Target ‘huge void’

Of all alternatives, private debt has most outperformed expectations over the past year. 90% of institutional investors that responded to Preqin survey reported that private debt had met or exceeded their expectations over the past year....

August 21, 2023

Sluggish CRE Lending Persists: CBRE

In the face of market uncertainty, CRE lending slowed in the second quarter, according to CBRE. The company’s Lending Momentum Index fell from 204 in the first quarter to 193 in the second quarter, representing declines of 5.4 percent from the first quarter and 52.2 percent year-over-year....

August 1, 2023

US commercial property delinquencies rise further in July, report says

Nearly $12 billon of loans in U.S. commercial mortgage-backed securities (CMBS) became newly delinquent, pushing the late payment rate up by 34 basis points from June to 3.93%, a report by credit rating agency KBRA said on Wednesday...

July 24, 2023

‘I’ll Show You Mine, You Show Me Yours’: More Office Tenants Looking At Owners’ Books Before Signing Leases

It's traditional in lease negotiations for the owner of an office building to ask a prospective tenant to show proof that they are in good financial standing and can be expected to pay rent every month....

July 7, 2023

Bluerock Total Income+ Real Estate Fund Eclipses $1 Billion in Total Distributions Paid to Shareholders

“Delivering over $1 billion in total distributions to its shareholders over 10 years and 42 consecutive quarterly distributions is a major milestone and is validation of the structure and investment strategy of the TI+ Fund”, said Jeffrey Schwaber, CEO of Bluerock Capital Markets...