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When it comes to real estate credit, one portfolio’s pain is another’s gain

Real estate debt is both a boon and a curse, with higher-for-longer interest rates offering the potential for respectable returns as well as significant issues for existing investments. Kingbird Investment Management’s managing director of capital markets Lei Farrand discussed the sizable investment opportunity given the millions of mortgages that will need to be refinanced in a much higher interest rate environment than originally anticipated.

Read more at Pensions & Investments.

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