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Aron Zuckerman Quoted in Law360 on Growth of Private Credit and Back-Leverage Financing in Real Estate

04.10.25

Real Estate Partner, Aron Zuckerman, was quoted in an article titled, “Banks Back Private Credit's Rise. Should Borrowers Care?,” which was published by Law360. The article discussed the evolving landscape of private credit investment in real estate, with a focus on the role of back-leverage financing. Aron explained that, “the analysis that we're hearing from clients is that the risk-return profile of a debt investment in real estate today is much more attractive than an equity investment.” When highlighting the increased use of back-leverage financing, he noted, “Now the private credit provider is the only lender to the borrower — to the property owner — and it has a separate financing structure behind the scenes. The borrower has one point of contact to talk to, one set of documents to work on, and one solution to work out with its lender. What we've seen from clients is it's in some ways more attractive than having multiple lenders that you have to keep talking to.”

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