Private real estate credit has moved from a cyclical financing alternative to a more established source of capital as banks have pulled back and refinancing needs have grown. The shift is playing out across middle-market lending, where private lenders are taking on a larger role in originations, servicing and workouts.
In an IREI exclusive interview, Alex Horn, founder and managing partner at BridgeInvest discusses what is driving the expansion of private credit, where refinancing and new lending opportunities are emerging, why the middle market remains attractive and where the firm is exercising caution. The discussion also addresses what institutional investors are asking of managers, how private credit fits alongside real estate equity and how
