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CalPERS reports real estate underperformance

By contrast, the $351bn pension fund saw property exceed its benchmark by 24 basis points during the previous fiscal year.

Blackstone pushes further into Canadian RE

The New York-based firm’s new joint venture with Starlight marks the former’s first investment into Canadian multifamily property.

POBA goes direct in US real estate credit

The Korean pension fund has re-upped with Square Mile Capital, but this time with a bigger check.

WATCH: The best time for succession planning

Chris Merrill, who just sold a 75% stake in Harrison Street, said many firms only consider leadership transitions when business is bad.

Lone Star seeks $500m more than predecessor for latest mega-fund

The Dallas-based firm is raising its latest fund in a series that focuses on private equity control investments, corporate and consumer debt, real estate and real estate debt.

Paulson’s $1bn RE arm spins out

Cross Lake Partners is aiming to attract a broader investor base as an independent firm.

US-focused fundraising hits lowest level in six years

Sector-specific property funds also reached a low point during the same time period.

Tricon launches $750m JV for single-family rentals

The Toronto-based real estate investment firm is partnering with an Asian sovereign wealth fund and US pension fund to invest in 10,000-12,000 homes.

IEC closes $300m fund after three months in market – Exclusive

The California-based real estate investment firm held a first and final close last month, raising $100m more than its predecessor vehicle.

Five retail trends to watch

Navigating the sector in 2018 is a challenging task.

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