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Credit Crunch, Winners & Losers, Cost of Care 8/8/23

The Exchange

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The Rise of Private Credit for Commercial Real Estate

Moody's issued a warning about liquidity and capital for some larger US banks as a result of higher rates. Now that in turn has led to private lenders stepping in to fill the void. In fact, billionaire real estate developer Don Peebles just told us how private credit helped one of his projects get fully funded. Peach Tree Group is a private equity firm that invests in commercial real estate. They've completed hundreds of transactions valued at $9 billion.

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