The Real Estate Debt 50
The ranking of the largest capital raisers in the real estate debt space
Real estate debt is coming off two years in the spotlight following strong investor demand amid rising interest rates. But in 2023, the broader slowdown in real estate capital commitments finally came for the strategy. This slowing growth is reflected in this year’s Real Estate Debt 50 ranking, published by affiliate title PERE, with that cohort’s total capital raised inching up only 3 percent year-on-year, compared with the previous year’s 19 percent growth. However, against an 11-year fundraising low for overall private real estate fundraising, this shows the strength of appetite for debt.