PDI Picks – 2/3/2025

Real estate’s silver lining

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It’s an area of investment that hasn’t had the best headlines in recent times, but debt providers believe there are good opportunities beckoning.

Fundraising for real estate debt-focused funds fell 17 percent year on year between 2023 and 2024, according to Private Debt Investor data, with market onlookers citing a lack of liquidity, a dearth of projects begun during the pandemic years and a challenging macroeconomic environment as reasons for a pullback in commitments.