Hines has held the final close of Hines Rialto Credit Partners, a co-general partnership focused on U.S. office credit investments, with $1.1 billion in investor commitments. The close represents a significant milestone for the partnership and reflects investor demand for real estate credit strategies backed by specialized asset-level underwriting and deep market expertise.
The partnership brings together the complementary capabilities of two experienced real estate investment managers. Hines brings nearly seven decades of experience investing in, developing and operating real estate, along with local market expertise across major U.S. cities, while Rialto brings extensive experience in real estate credit, loan origination, underwriting and asset management.
“Amid the rapid growth in private credit, what sits behind the loan matters,” said Alfonso Munk, global co-head of investment management at Hines. “Yield alone does not tell you the quality of the risk. In re