L
aSalle Investment Management, a global real estate investment manager, has secured approximately $700 million in capital commitments for its open-ended real estate debt strategy. The strategy is managed by LaSalle's experienced U.S. debt team, which has completed over $6 billion in first mortgage transactions over the past 20 years.

    The strategy targets floating-rate senior loans between $25-75 million and focuses on multifamily and multi-tenant industrial properties in growth markets and gateway cities across the U.S. Since its inception in March, the LaSalle team has originated and closed more than $400 million in loans, with an additional $300 million expected to close in the third quarter.

    LaSalle's global real estate debt platform has secured over $1.7 billion in capital over the past 12 months across various strategies. The company views the current market environment as well-suited for private real estate debt strategies, citing elevated capital needs and stabilized interest rates.

    Brad Gries, Head of Americas at LaSalle Investment Management, stated that the team is proud to have received a vote of confidence from investors amidst ongoing macroeconomic uncertainty. Craig Oram, Portfolio Manager at LaSalle, added that the company's disciplined approach to underwriting and origination strategy allows it to provide needed liquidity in the dynamic market environment.

    LaSalle Investment Management is one of the world's leading real estate investment managers, with $82.3 billion in assets under management as of Q4 2024. The company offers a range of investment vehicles, including separate accounts, open- and closed-end funds, public securities, and entity-level investments.