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Vicky Schiff

Sep 30, 2026

14:06
Does that impact your business?
14:09
Yeah, I think we need to step back and I don't have the stats in front of me, but a lot of private credit is not real estate, right? It's lending to companies that have assets that are goodwill widgets and other stuff.
14:25
It's not a tangible asset because if you look at corporate credit, you know, there's intangible and tangible assets.
14:33
And so a lot of the private credit market, because that market's bigger, a lot of the private credit market went to those types of investments.
14:43
And that's a lot of the headline risk is coming out of corporate credit, corporate private credit and things that aren't necessarily real estate related.
14:53
I'm not saying that real estate related private credit has not been affected, but it's been affected for a different reason.
15:02
And yes, there's been some redemptions in like B-REIT, which happened years ago, where one of the California pension funds stepped in and provided them some liquidity so they can they can provide capital back to some of their investors because they, you know, they have these open-ended funds where investors can demand capital back and they give it to them when they have it.

6 MINS LATER

21:13
Are you guys doing any either social or environmental or other impact activities?

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