Private credit is ‘the number one opportunity’ in real estate, says Don Peebles
Don Peebles, chairman and CEO of the Peebles Corporation, joins CNBC’s ‘The Exchange’ to discuss possible housing slowdowns, where to find opportunity in real estate, and more.
'Does That Stress Lead To Distress?': LA Lenders Willing To Work With Solid Borrowers — For Now
As optimism about interest rate cuts this year fades, many CRE professionals find themselves slogging through, working with what they have amid the uncertainty over what’s to come.
Private credit will be the dominant player in commercial real estate going forward, says Don Peebles
Don Peebles, The Peebles Corporation CEO, and chairman, joins ‘Squawk Box’ to discuss the state of the commercial real estate market, the impact of elevated interest rates, the role of private credit, Peebles’ new lending arm, and more.
‘No Rest For The Weary’: What Higher Interest Rate Expectations Mean For CRE
Peebles Corp. Executive Vice President Donahue Peebles III said he thinks that interest rates remaining high will keep transaction activity down overall, but it does present new opportunities. “A prolonged tightening cycle largely yields more of the same for CRE,” Peebles wrote in an email. “Transaction volume will continue to be depressed, refinancing property debt will be challenging in the near term, and the sector as a whole faces increased risk of distress with office at the epicenter of the discussion.”
Peebles Corporation Launches Private Credit Lending Arm
The Peebles Corporation announced Friday that it has founded Willowbrook Partners, a Miami-based private credit firm that aims to provide bespoke credit solutions in the $5 million to $50 million range for commercial real estate projects, CO has learned.