In our 25 years of experience investing in real estate debt, we are the most enthusiastic we have ever been about the opportunities available today. Lending conditions are ripe in an uncertain real estate market environment as borrowing costs are among the highest in 25 years, and record levels of upcoming loan maturities have restricted lending activity for many traditional lenders. Importantly, these conditions exist against the backdrop of strong employment numbers and a generally healthy economy, resulting in an opportunity for astute investors who can make sense of the current market dynamics to generate excellent risk-adjusted returns by investing in enhanced income strategies via real estate debt.

Why now?

Our experience through several cycles has taught us that loans made during times of dislocation have a greater potential to outperform more stable periods. Today, we are confronted with a new reality: uncertainty in valuations resulting from