Private lenders are stepping in to fill the gap left by regional banks that pulled back in early 2023. James Jordan, partner and head of the commercial real estate investment platform at Axonic, discusses in an IREI interview how private lenders’ creativity in structuring deals makes these flexible solutions especially appealing to borrowers navigating today’s high-cost, overleveraged market. Jordan explains that Axonic employs an opportunistic lending strategy that focuses on recapitalizing and restructuring assets alongside existing owners, contrasting with traditional distressed lending approaches that often aim to take control of assets through foreclosure.
Founded in 2010, Axonic Capital is an alternative investment manager specializing in commercial real estate and structured credit with expertise across commercial and residential real estate, systematic fixed income and commercial lending. Axonic Capital manages approximately $6.4 billion in assets across private l