PIMCO

PIMCO currently invests in real estate debt opportunities through the flagship PIMCO Commercial Real Estate Debt Fund ("PCRED I"), a closed-end fund with +$1 Bn in equity commitments, focused on traditional bridge lending throughout the U.S. In addition to PCRED I, the CRE debt team also invests in real estate debt opportunities through several other existing credit strategies with capital flexibility up and down the CRE debt risk spectrum.

The firm's U.S. real estate debt team sources, underwrites, and invests along the entire debt capital stack including senior mortgages, mezzanine financing, CMBS, and preferred equity. The team benefits from a flexible pool of capital with the ability to invest across asset types, geographies, and the capital structure.