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Robert Harley

‘Eyes wide open’: How to ride the private credit boom

Private credit for commercial real estate has never been stronger. It’s also running into trouble.

Duncan Clubb, the national leader for business restructuring at global accounting and advisory firm BDO, has an increasing amount of work from non-bank lenders with problem loans to residential developers.

“We are seeing ongoing and sustained levels of inquiry from non-bank secured lenders with exposure to commercial real estate,” he says.

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Robert Harley is a former property editor of The Australian Financial Review. Connect with Robert on Twitter. Email Robert at rob@rharley.com.au

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    Original URL: https://www.afr.com/property/commercial/the-perils-and-profit-in-private-real-estate-credit-20240612-p5jl41