direct lending
Lending originated, structured and executed exclusively and bilaterally between a borrower and a non-bank lender. [...]
private lender
A non‑bank provider of private debt, including private debt funds and debt REITs (real estate investment trusts). [...]
story credit
A unitranche facility for a company that historically has been subject to a financial restructuring or another financial difficulty and for which ther [...]
private debt
Any nonbank bilateral source of debt provided by direct lenders, including crowdlending, mid‑cap private placements, senior direct lending, second lie [...]
net interest margin
The spread (difference) between the interest received and the cost of funding loans. [...]
mortgage REIT
A REIT comprised of mortgage loans either made directly to real estate buyers, developers and sponsors or to invest in outstanding mortgage loans or m [...]
