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REAL ESTATE DEBT MARKETS ARE REACHING AN INFLECTION POINT 

What trends are we seeing in private credit in this rising rate environment? Richard Spencer, Lee Levy and Andrew White share their views in a new report in Real Estate Capital USA. 

June 30, 2022  |  5 Minute Read 


By: Richard Spencer, Lee Levy, Andrew White


 

We are now at what we think could be another inflection point in the capital markets, with higher inflation, supply-demand imbalances, trade tensions and global pressures arising from the Russia-Ukraine conflict. These factors and volatility in public markets have impacted investor sentiment and capital availability in recent months. At the same time, investors feel increased pressure to shift capital out of the public markets in a rising rate environment. 

 

Areas where traditional lenders aren’t active and where public market solutions can’t provide the sort of execution certainty that borrowers need, have created opportunities for private lenders to step into this void. This story has played out across the US and Europe, as well as parts of Asia, and heighted development activity across private real estate markets has further fueled this opportunity set.

 

 

Read the interview from Real Estate Capital USA:

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Read the report

Keynote Interview: Debt markets are reaching inflection point.

About the Authors

Richard Spencer

Managing Director, Real Estate Group

Richard Spencer

Lee Levy

Managing Director, Real Estate Group

Lee Levy

Andrew White

Managing Director, Real Estate Group

Andrew White

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