110.2K
Downloads
282
Episodes
Tune in to the InsuranceAUM.com Podcast, hosted by our Managing Partner, Stewart Foley, CFA. Our podcast features insightful conversations with CIOs, asset managers, and other distinguished professionals in the insurance asset management industry. Each episode delves into the latest trends, challenges, and opportunities, providing listeners with valuable perspectives and practical advice. Don’t miss out on these engaging discussions that are essential for insurance investors and asset managers.
Episodes
Monday Oct 23, 2023
Monday Oct 23, 2023
In this episode of the InsuranceAUM.com Podcast, host Stewart Foley sits down with Dean Dulchinos, Head of Debt Portfolio Management, and Justin Pinckney, Head of Private Debt at AEW, to discuss the compelling opportunities in the commercial real estate (CRE) debt space. Dean and Justin provide an in-depth analysis of the current market environment, highlighting the impact of macroeconomic headwinds and the secular shift in office demand. They explain why the CRE debt market is leading the cycle in terms of value adjustments and how private capital can capitalize on the banks pulling out of CRE lending. The conversation touches on the structural advantages of CRE debt, including better collateralization, lower loan-to-value ratios, and attractive yield premiums in a high-rate environment.
Dean and Justin also explore how CRE debt compares to direct lending, emphasizing its collateral-backed structure and superior optionality in uncertain markets. They outline the implementation strategies for P&C, life, and health insurance companies, detailing how these institutions can navigate the CRE debt space for diversification and yield enhancement. Whether you're an insurance professional or an institutional investor, this episode offers valuable insights into the risks, rewards, and opportunities in the evolving CRE debt landscape.