Miriam Hall
BGO has formed a strategic partnership with 1Sharpe and committed to deploy $500m on single family rentals through the venture.
Amid myriad challenges, industrial real estate emerged as an asset class of choice.
The Dallas-based manager closed the 10th fund in its flagship value-add series on $3.1bn, a 35% increase on the previous fund.
Although institutional investors are showing renewed optimism about real estate, retail investors remain cautious.
Bridge has invested more than $700m into industrial net lease warehouse properties and built-to-suit development projects since 2021.
The firm was aiming for $1.2bn for Value Fund VII, but raised the target last May, according to CEO Franz Colloredo-Mansfeld.
Blackstone’s president said commercial real estate values are bottoming out and expected an uptick in realizations in H2.
New global real estate co-head Nadeem Meghji believes the firm has ‘an unparalleled opportunity’ to invest capital amid a dislocated market.
Blackstone has promoted multiple executives at the real estate and firm level in preparation for an 'active' investment period in 2024.
The US retail availability rate is set to drop by 20 basis points in 2024 and finish the year at 4.6%, according to a CBRE report.
If you do not receive this within five minutes, please try to sign in again. If the problem persists, please email: