Author: pcreddev

Prospect Credit REIT, LLC, a non-traded real estate fund focused on real estate credit and managed by an affiliate of Prospect Capital Management L.P., announced today a 9% shareholder distribution rate per annum for October 2025 based on the most recent quarterly net asset value.

Prospect Capital Management L.P., investment adviser to Prospect Capital Corporation, through its real estate private credit platform, announced today the availability of its private real estate credit strategy on the iCapital Marketplace, SUBSCRIBE Platform and SEI Access.

Prospect Credit REIT, LLC, a non-traded real estate fund focused on real estate credit managed by an affiliate of Prospect Capital Management L.P., has closed on a credit investment to recapitalize Skyline Apartments, a 588-unit, Class A stabilized cash-flowing multifamily property in New Rochelle, NY.

Prospect Capital Management L.P. (“Prospect”), investment adviser to Prospect Capital Corporation (NASDAQ: PSEC) and other funds, announced today that GrowthCap has named Prospect a Top Private Credit Firm of 2025. “Thank you to GrowthCap for recognizing our longstanding approach and dedication,” said John Barry, CEO of Prospect. “We are proud of our long history of…

PCRED explores homeownership affordability issues and the associated impact.

The following Q&A is taken from the October 2025 PERE Credit issue on the Evolution of CRE Credit. Seizing the refi opportunity in US multifamily credit Debt funds looking to take advantage of the surge in refinancing must be able to lend at attractive rates based on a highly efficient cost structure in an increasingly…

For the six months ended June 30, 2025, Prospect Credit REIT, LLC, a non-traded real estate fund focused on real estate credit and managed by an affiliate of Prospect Capital Management L.P., has achieved an annualized total return of 14.16% to investors. Inception-to-date, PCRED has achieved an annualized total return of 13.01% to investors.

Rising interest rates and balance sheet restrictions have contributed to a decline in traditional lender (bank, insurance company, and government-sponsored enterprise) loan volume as a percentage of new originations. Investor-driven lenders such as debt funds, mortgage real estate investment trusts (mREITs), and other alternative lenders are increasing their share of mortgage originations. 

The U.S. commercial real estate (“CRE”) market is facing a wave of demand with more than $2.9 trillion in mortgage loans maturing from 2025 through 20291. How we got here:  Navigating the current landscape:  Looking ahead:  For more information, contact Matt Krugman at the following: mkrugman@prospectcap.com [1] MBA, Newmark Research as of 2/10/2025 | [2] Mortgage…

Prospect Capital Management L.P., investment adviser to Prospect Capital Corporation (NASDAQ: PSEC), through its real estate private credit platform, has closed on an investment to recapitalize The Frederick, a 193-unit, Class A stabilized cash flowing multifamily property in Brooklyn, New York.