Market
Memos from Howard Marks: Shall We Repeal the Laws of Economics?In today’s world of low yields, high asset prices and high uncertainty, private markets may provide relative value.
Private markets tend to be less efficient than public markets given the relationship-based nature of private transactions. In the following Q&A, Oaktree’s Real Estate Debt team discusses a variety of topics, including the relative-value proposition offered by private real estate debt, loan structures that we’re focused on today, and factors we believe are important to consider in private real estate debt investing.