Real Estate

Real Estate Debt

Our team invests in loans secured by institutional-quality commercial real estate in strategic locations in North America and Europe using our broad direct origination capabilities and deep credit expertise.

AUM

$ 27.43 billion as of December 31, 2022

Inception Date

1966

Vehicle Types

Separate Account
Commingled Fund
Participation/Co-Investment

Investment Philosophy

Barings’ full spectrum of real estate lending capabilities enhances our market presence and generates opportunities across various sectors, styles and the capital structure. This approach gives us the unique ability to assess relative value globally across the real estate spectrum. 

Our Value Add

  • Information Advantage: Our presence in the local markets where we transact provides real-time feedback and trend monitoring, while collaboration with our real estate equity platform provides additional data-driven insights into pricing and trend visibility
  • Global Sourcing: A team of dedicated real estate debt origination professionals across the globe leverages our existing network of sourcing relationships to create significant deal flow from which to select attractive opportunities
  • Disciplined Credit: A repeatable investment process combines local screening and centralized oversight by our cross-functional investment committee to ensure consistent credit criteria are applied to each potential investment
  • Alignment: Our parent company, MassMutual, has invested capital through multiple market cycles alongside our clients 

Portfolio Managers

Nasir Alamgir
Head of Real Estate Debt Portfolio Management
Peter Cerrato, CFA
Managing Director
Benjamin Mathias, CFA
Director
Sam Mellor
Head of Europe & Asia-Pacific Real Estate Debt
Paul Pokorney
Managing Director
Justin Preftakes
Head of Construction Lending
Benjamin Silver
Co-Head of U.S. Real Estate
Daron Tubian
Head of Affordable Housing Investments
Elvin Velez
Managing Director

Recent Transactions

Office/Life-Science

Construction

San Francisco, CA

April 2021

Office/Life-Science

Core Plus

Somerville, MA

October 2021

Office

Core

Dallas, TX

May 2021

Industrial

Core

Kansas City, MO

May 2017

Residential

Construction

Brooklyn, NY

February 2021

Residential

Core Plus

Austin, TX

June 2021

Residential

Core

Charleston, SC

November 2021

Hotel

Value Add

Nashville, TN

May 2020

Related Viewpoints

Real Estate

Where can real estate investors turn to find attractive risk-adjusted returns? Watch our 2023 Global Real Estate Outlook, where our experts across debt and equity discuss their latest views.

Webinar – 61 min watch
Real Estate

In this roundtable discussion, our experts across real estate debt and equity discuss how they are navigating today’s challenges and weigh in on where investors can turn to find attractive returns.

Conversations – 9 min read
Real Estate

Barings experts in the U.S. and Europe discuss the risks and opportunities for commercial real estate debt and equity heading into 2023.

Podcast – 61 min listen