Capital Formation

The narrative of the private real estate market in 2022 changed with the seasons. A year starting with record deals was then impacted by war, inflation and recession, and finished in a deep freeze.

Senior executives at the New York- and Miami-based mega-managers respond to escalating scrutiny of their private REITs after both reached redemption limits.

The San Francisco-based capital advisory firm is targeting strategic capital investments in real estate managers.

The firm, a unit of Neuberger Berman, has acquired a minority ownership interest in the Austin-based alternative real estate manager.

Speakers at the PERE America Summit 2022 have differing perspectives on how much pain is in store for the industry.

The Toronto-based firm’s BSREP IV is only the third mega-fund and the first vehicle to close above $10bn this year.

The West Palm Beach, Florida-headquartered manager raised approximately one-third of the $632m fund in the last four months, even amid increased capital markets volatility.

The New York-based manager began investing in the property type in December 2021.

London-based Matter, which launched the capital raise in H2 2022, has already gathered more capital for the vehicle than for its first fund.

Brunel Pension Partnership has cornerstoned Orchard's debut real estate impact fund, which is targeting £400m.