While global unlisted real estate fundraising is showing early signs of recovery in Q1 2025, deal activity remains subdued — with just $34.5bn in completed transactions, well below the $89bn quarterly average seen in 2021 and early 2022.
According to Preqin, sellers are still holding firm on valuations, while banks continue to tighten lending standards. At the same time, nearly $1 trillion in commercial real estate loans are set to mature this year according to the Mortgage Bankers Association, creating a structural need for non-bank capital providers.
💡 What does this mean? A moment of opportunity for real estate credit.
Q1 2025 saw $11bn raised for real estate debt – the highest since mid-2022 – with leading players like Blackstone, Cerberus Capital Management, and Oaktree Capital Management, L.P. ramping up capital raises.
At Zenzic Capital, we believe we are well-positioned to capitalise on these dynamics. As a nimble, specialist real estate credit investor, we combine institutional underwriting with an entrepreneurial approach. Our ability to move decisively, structure creatively, and focus on quality borrowers positions us to provide capital where banks have pulled back, and to do so with attractive downside protection.
With lenders retreating and investor demand rising for yield and security, the time for disciplined, well-structured real estate credit is now.
Click here to read the full article: https://lnkd.in/eNYPK2Bd
