UWM names Vandad Fartaj as first chief investment officer
Why this matters
Capital markets activity continues to be defined by the rotation from bank balance sheets to non-bank lenders. Private credit funds have raised record dry powder; banks have tightened CRE underwriting standards for the sixth consecutive quarter. The result is a market where well-sponsored deals clear, and marginal credit pays a meaningful spread to do so. For LPs, the allocation conversation has shifted decisively toward real estate debt, with equity allocations being deployed more selectively into operator-led platforms.
Editorial analysis · Real Estate Trail Editorial
The former Pennymac CIO brings 30 years in capital markets, investing and portfolio strategy
External link. Real Estate Trail does not republish source content.
Related coverage — Capital
Essex Property Trust Lands $275MM Bank of America-Led Term Loan to Retire Commercial Paper
Essex Property Trust has lined up $275 million of unsecured bank debt led by Bank of America to retire short-term commercial paper, trading rolling money-market borrowing for up to five years of committed funding as t…
Novogradac Conference to Explore How Housing Intersects with NMTC Strategy
Novogradac to Host 2026 Fall New Markets Tax Credit Conference, Oct. 22-23 in New Orleans SAN FRANCISCO, Sept. 28, 2026 /PRNewswire/ -- Community development professionals will gather to take a focused look at how the…
Sterling Organization Acquires Three Grocery-Anchored Shopping Centers Totaling 277,057 Square Feet in California and Hawaii
WEST PALM BEACH, Fla., Sept. 28, 2026 /PRNewswire/ -- Sterling Organization, a West Palm Beach, Florida-based private equity real estate investment firm focused on the retail sector, today announced the acquisition of…
JLL Arranges $66.8M Refinancing for Industrial Development in Stuart, Florida
STUART, FLORIDA — JLL Capital Markets has arranged a $66.8 million loan to refinance South Florida Gateway, a 987,184-square-foot industrial development located at 2400-2450 Southwest Gateway Place in Stuart, a coasta…
GoldenTree puts sterling CMBS on screens as Blackstone prices logistics CMBS
Ally Waste Expands National Partnership With Gables Residential
Relationship Grows From Houston-Area Trial to a Nationwide Partnership GILBERT, Ariz., Sept. 28, 2026 /PRNewswire/ -- Ally Waste Services, the national leader in comprehensive multifamily waste support services, today…