Pensions & Investments: What institutional investors need to know about CRE CLOs
Joseph Iacono and Kim Diamond recently wrote a piece for Pensions & Investments Magazine. The byline discusses the benefits commercial real estate CLOs can offer investors and issuers under today’s market conditions. For investors, CLOs provide structured exposure to the commercial real estate loan market and an ability to calibrate risk vs. return via the purchase of specific credit tranches of debt. For issuers, this vehicle offers an efficient alternative for financing the business of originating short-term, floating-rate bridge loans on transitional properties. Read the full article here.