[+] Pallas Capital Eyes $1bn Benchmark
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.
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