In this TUD+ Briefing, Pallas Capital executive director Dan Gallen discusses the group’s doubling of its origination capacity each year as it looks to deploy more than $1-billion in financing across 2021.

“Our rapid evolution has been from high-net-worth investors, to family office, to loan-by-loan, into now funds that we have discretion and control over subject to a set of rules,” Gallen said.

“For mortgage managers currently in the Australian real estate debt market that are moving from loan-to-loan; it is good for the time being, but not truly competitive and stable long-term fix post-pandemic.