Carmel closes seventh multifamily fund on $1.28bn – Exclusive

Surpassing its $1bn target, Investment Fund VII will focus on ground-up development in major US markets.

RE debt fundraising sees 48% drop

Capital raised for real estate debt funds in 2018 fell precipitously after peaking at $39bn the previous year.

Carlyle closes RE secondaries fund on $1.2bn

Metropolitan Real Estate’s previous vehicle in the strategy raised $550m.

Palmer Capital’s Price: ‘ultimately our grow-sell decision came’

Palmer’s CEO tells PERE the decision to sell an 80% stake in the £1bn firm to Canadian manager Fiera Capital was the upshot of an inflection point for the business.  

PERE Predictions 2019: European real estate: general or specific?

Institutional investors must figure out whether their Europe strategies should be broad or differentiated in 2019, argues Will Rowson, head of Europe at advisory firm Hodes Weill. 

CPPIB commits $700m to record-breaking Japan fund – Exclusive

The Canadian pension plan’s equity in GLP Japan Development Partners III will be primarily allocated to co-investment opportunities.

Covenant closes 9th US apartment fund with $395m – Exclusive

Targeting value-add investments throughout the southeastern US, the firm had its most successful round of fundraising to date.

PERE Global Awards: And the nominations are…

After weeks of deliberation, we can reveal the organizations and individuals nominated for PERE’s prestigious private real estate industry awards.

UBS turns to multifamily in Japan after shelving hotel strategy – Exclusive

Including a cornerstone investment from APG, UBS Asset Management is planning to raise $330m in total equity for a residential club vehicle.

Henderson Park’s maiden fund reaches $1.6bn on consultant support– Exclusive

Nick Weber’s sector newcomer, whose final close is slated for early next year, got buy ratings from six different firms.  

Copyright PEI Media

Not for publication, email or dissemination