PERE Credit’s latest cover story highlights a sharp rise in market liquidity, allowing commercial real estate private credit managers to see a significant uptick in loan paydowns and new originations. This trend allows managers to find exits for vintage loans and deploy new capital at today’s valuations.
Featured in the story, Axonic’s Head of Commercial Real Estate Lending, Jonathan Salter, affirmed the trend, noting the firm’s success:
“This shift toward repayment has accelerated over the past few months… Our book has performed quite well despite this rise in rates, and we have seen some meaningful payoffs.”
Axonic remains active across the commercial real estate lending landscape, focused on successful repayments and the deployment of new capital into high-conviction transactions, maintaining a disciplined approach across each strategy.
Read the full story in PERE Credit, click here.