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Carlyle closes on its largest-ever RE fund

Carlyle Realty Partners VIII, which had a $5bn target, will be focused on sectors with ‘enduring growth.’

Fifth Wall: Meet the venture capitalists funding the future of real estate

Major investment managers are opening their checkbooks, and portfolios, to a two-year-old firm set on finding startups that will reshape the asset class.

Dermody is oversubscribed again for its second industrial fund – Exclusive

In capturing $619m, the Reno-based firm exceeded its $600m target for Dermody Properties Industrial Fund II.

JLL’s non-traded REIT launches on second wirehouse — Exclusive

JLL Income Property Trust is the second product of its kind to sell through multiple wirehouses.

Trion launches second multifamily fund – Exclusive

The California-based firm will be using a crowdfunding platform to help raise capital for the vehicle, which has a value-add strategy targeting apartments on the West Coast.

What investors think about strategy drift

Managers expanding into new investment opportunities is nothing new, but capital providers are not always inclined to give firms an automatic pass when it happens.

Real estate’s anti-corruption crusade

In the aftermath of events like the Panama Papers and Malaysia’s 1MDB, the industry is ramping up its due diligence efforts. Arshiya Khullar investigates.

Single-family rentals see a ‘second wind’ of fundraising activity

Firms like Cerberus Capital Management and Amherst are focusing on the sector as investor interest picks up on the back of Invitation Homes’ IPO success.

PERE firms turn an eye to Opportunity Zones

The new US program to spur investment in certain struggling areas offers significant opportunity for the right investors, industry observers said.

Australia’s First State Super makes US multifamily debut

Through a new $2bn JV with Lendlease, the fund hopes to learn lessons about development in gateway cities applicable to other markets, its head of real assets told PERE.

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