Alternative lenders

Who won what in 2023, including the awards for real estate finance industry figure and rising star

Two domestic managers, Silverton and Pöttinger, have paired up to offer advice in cases where schemes have stalled.

The big opportunity, managers argue, is in real estate credit. But while many investors’ attention has pivoted to the asset class, their capital is yet to follow.

The Chicago-based manager has provided a €70m facility to developers Amro Partners and Falco Capital.

The London-based lender this week provided a £105m facility for a BTR scheme in the UK capital.

Inflation and geopolitical problems remain, but evidence is growing that property values may not fall much further, say experts.

Jonathan Pollack, who will officially join Starwood in 2025, arrives at a time when alternative lenders are expected to be able to significantly increase their market share.

Isabelle Brennan, formerly of managers CBRE IM and M&G, will begin in the newly created role in May.

The manager has provided two construction loans to developer Dominus for schemes in London.

The manager is in talks with potential investors for its ICG Real Estate Debt Fund VII.