Corporate Real Estate Loans - Non Bank Fi

If a commercial real estate loan is financed by a non bank financial institution, does this fall under the Private Debt category?

Per the latest response to Asset class definitions - Corporate Loan, Private equity & debt & VC and Project finance, yes this would fall under private debt.

Regarding the answer of Katie’s question, I would like you to confirm one more additional question.
Project finance to real estate by non bank FI also fall under prvate debt?
(As my understanding of asset class definition of the latest guidance and your attached link, other project finance (e.g. infrastracture) treated as optional, and corporate loan for real estate by non bank treated as private debt)