Commercial real estate debt strategies continue to unlock value for institutional investors as providing credit solutions across the capital stack grows increasingly more complex. Jim Dunbar, partner and head of Real Estate Lending at Varde Partners, joins BI chief fixed income strategist Damian Sassower to discuss his firm’s approach to identifying opportunities and managing risk in commercial and residential real estate. Dunbar and Sassower discuss the role of flexible capital in real estate finance, with a focus on engineering returns, servicing loans and scaling strategies.