Commercial Real Estate Debt

AllianceBernstein’s Commercial Real Estate Debt (“CRED”) business was established in 2012, originally focusing on the US market and expanding into Europe in 2020.

Today, real estate debt investing forms a major part of AB’s private alternative investments business. AB CRED is a top 10 global debt platform with dedicated investment teams in US and European markets.

$13 Bil.

Combined Assets Under Management

Investment Professionals

New York, Los Angeles, London and Frankfurt

As of 31 March 2026.

Our Commercial Real Estate Debt Solutions

AB CRED leverages AB’s culture of research-based, deep value investing. As an alternative to traditional lending sources, we strive to deliver attractive risk-adjusted returns via solutions-oriented, relationship-focused financings. Our approach is designed to support borrowers with flexible capital solutions across varying market environments, subject to market conditions, underwriting criteria, and transaction-specific considerations.

US Commercial Real Estate Debt

Since its launch in 2012, AB’s US commercial real estate debt team (“AB US CRED”) has deployed capital across separately managed accounts and commingled fund vehicles through a disciplined, relationship-driven investment approach. In a highly competitive and evolving market, the team focuses on rigorous sourcing, comprehensive underwriting, and proactive asset management to identify attractive risk-adjusted opportunities. Backed by deep real estate expertise and longstanding industry relationships, AB US CRED seeks to deliver flexible financing solutions for borrowers and differentiated outcomes for investors.

LEARN MORE ABOUT US CRED

European Commercial Real Estate Debt

AB’s European commercial real estate debt team (“AB ECRED”) was established in 2020 through the acquisition of Lacarne Capital, a specialist European real estate lender with a track record dating back to 2013. Today, AB ECRED is an established direct lending platform focused on originating and managing performing real estate loans across European markets. Backed by long-term capital and supported by deep jurisdictional expertise, the team combines disciplined underwriting, flexible structuring capabilities and longstanding borrower relationships to deliver tailored financing solutions across property types and business plans.

LEARN MORE ABOUT ECRED

This is a marketing communication. This information is provided by AllianceBernstein (Luxembourg) S.à r.l. Société à responsabilité limitée, R.C.S. Luxembourg B 34 305, 2-4, rue Eugène Ruppert, L-2453 Luxembourg. Authorised in Luxembourg and regulated by the Commission de Surveillance du Secteur Financier (CSSF). It is provided for informational purposes only and does not constitute investment advice or an invitation to purchase any security or other investment. The views and opinions expressed are based on our internal forecasts and should not be relied upon as an indication of future market performance. The value of investments in any of the Funds can go down as well as up and investors may not get back the full amount invested. Past performance does not guarantee future results.

This information is directed at Professional Clients only and is not intended for public use.