RXR and Liberty Mutual Investments announced this week that they are expanding their long-term strategic partnership. The partners are targeting $1 billion of credit deployments across the capital stack, including senior loans, subordinate financing, construction financing, and flexible preferred equity, positioning RXR’s platform for continued growth in partnership with prominent global institutional investors. Liberty Mutual Investments is also serving as the lead investor in RXR’s $250 million investment-grade corporate bond financing.
RXR Chairman and CEO, Scott Rechler added, “We see this as a generational opportunity to participate in the credit space and help re-balance borrowers’ loans. The deal with Liberty gives us now more products and offerings that we can provide to potential borrowers.”
