Term Sheet: Hopeful tone at EXPO, AllianceBernstein’s ‘core, core-plus’ play, REC Europe’s Active Lenders submissions due

Attendees at EXPO Real in Munich describe a competitive market but hope for improved dealflow; AllianceBernstein adds to its suite of lending products through a $500m investor allocation; the deadline looms for submissions for Real Estate Capital Europe’s Active Lenders 2025; and more in today's briefing, exclusively for our valued subscribers.