SPONSORED: GID – A good time to provide ‘transitional, creative capital’

GID rolled out a new credit platform, GID Credit, in October of 2022. The plan had been in the works for a number of years, but the timing worked well, given the macro environment 2022 offered, according to an interview published in the January issue of Institutional Real Estate Americas. Chase McWhorter, Institutional Real Estate, Inc.’s managing director, real estate and infrastructure, spoke with the co-heads of GID Credit, Jeff Thompson, president, and Adam Gibbons, chief investment officer, to discuss the timing and objectives of the platform and how they expect it to operate in this environment. “There is currently significant dislocation ongoing in the capital markets, with a dramatic pullback from traditional lenders, as well as from debt funds with legacy assets on their books. There are probably more lenders on the sidelines today than there are currently active in the market. It’s a pretty dramatic shift from what the world looked like from a capital market standpo