Kyle Campbell

Redcar Fund I, an opportunistic vehicle focused on LA creative office, was oversubscribed by $62m.

The end of 2019 brought the first significant deadline for the program and, with it, a surge of capital for the federal initiative that offers tax breaks in exchange for investments in distressed US neighborhoods. More than $2 billion in equity was raised for opportunity zone funds between December 10 and January 8, according to […]

The Swiss investment bank has replaced its top two real estate executives as part of efforts to get its $30bn US platform back on track.

The mega manager’s desert dealings may pave the way for more real estate transactions in a gaming market increasingly open to them.

The Salt Lake City-based firm’s fundraising for its Multifamily IV and Debt Strategies III vehicles, contributed to a strong year for capital commitments.

Private real estate fundraising ended 2019 on a sour note, with managers closing just $14.5 billion in the last three months of the year.

North American fundraising looks to be strong in 2020, but it is expected to be led by large managers once again. Alternative assets and tailor-made structures will be of particular interest to investors as well.

Texas TRS seeded the fund with $990m and other investors followed suit, looking for liquidity and a passive approach to core real estate investment.

December 31 is the cutoff for investors to achieve the full tax benefits of the program, but many managers have raised no capital.

Trumbull Property Fund’s massive exit queue makes it unique in the core fund space, but much can be learned from where investors go next.