PERE Credit’s latest piece makes the case for commercial real estate private credit as a mature and distinct segment of the broader private credit market. The article examines what sets the sector apart, including tangible collateral, idiosyncratic loan structures and the growing role of alternative lenders filling the void left by traditional banks and regional institutions.
Axonic’s Partner and Head of Commercial Real Estate, James Jordan, shared the firm’s perspective on the opportunity ahead:
“Firms like ours are taking away market share from more traditional players and we think there is a large opportunity to continue to do so. We see this as a three- to five-year mega-trend and we’re still in the early innings.”
Jordan also noted that as valuations reset to more normalized levels, Axonic is actively taking advantage of near-term distressed opportunities while positioning for the longer-term trend of alternative lending filling the void in capital across the market.
Read the full story in PERE Credit, click here.Â