Harrison Connery
The Dallas-based multifamily specialist hopes to scale its logistics holdings to rival its residential portfolio.
Fundraising is up at the industry’s largest asset manager as a muted market recovery drags on.Â
The warehouse giant reported a record level of build-to-suit development starts and resilient leasing in Q2.
The South Carolina-based manager and top US apartment owner has brought in HarbourVest’s Stephen Mullin to lead appeals to family offices, RIAs.
Former Lennar exec John W Gray succeeds retiring investment chief Rick Hurd as the Chicago-based firm looks to grow its development business.
The New York-based manager, which traditionally sourced its capital from family offices, is also shifting its deployment focus to alternative sectors.
President Donald Trump’s One Big Beautiful Bill Act will create additional headwinds for an already challenged sector.Â
As investors have grown more sophisticated, the fundraising process has also become more intensive over the past decade.
What was once viewed as a ‘nuts’ strategy is now accounting for a growing share of fundraising and transaction activity.
The state retirement system is trimming its target to 15%, down from 20% in 2022, as one trustee expresses a lack of comfort with the asset class.Â