Prime Finance strikes deal with BREDS to buy $760m loan portfolio
Thursday, November 5, 2026 · first reported by PERE and 2 others
Blackstone Real Estate Debt Strategies (BREDS) has sold eight performing commercial real estate loans to Prime Finance, a credit platform focused on commercial property. The loans have an aggregate unpaid principal balance of roughly $760 million and are secured by office and multifamily assets across five locations.
Seth Fisher, who leads strategic capital solutions at Prime Finance and holds the title of principal, pointed to the quality of the real estate, substantial sponsor equity and an attractive basis. He said the firm intends to manage the portfolio and seek the right result for each investment.
- Firm
- Prime Finance
- Also named
- BREDS
- Deal value
- $760M
- Asset class
- Real estate, Credit
The summary and fields above are extracted from the published reports and can contain errors. The linked articles are the source of record.
See an error?
Coverage
3 sources- Macquarie and GIC explore $2bn sale of Philippine geothermal stakePrivate Equity Wire
- Private credit lenders in talks to provide $1.3bn for L Catterton's Fullscript buyoutPrivate Equity Wire
- HealthSpan's Surgery Partners Bid Now $6B Amid Rival OfferLaw360
- APSEZ to buy Europe’s second-largest independent liquid storage operator from Igneo for €2.56bIREI
- Brookfield in talks to acquire China Life's 40% stake in London office towerPrivate Equity Wire
- PSP bets C$1.6bn on Enercare as it pushes Canadian assets toward C$100bnAlternatives Watch
Got news? Send it to us →