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Alternative real estate firms offer the right entry into management today

Firms like Harrison Street, which was acquired by Colliers this week, pursue strategies with arguably stronger growth trajectories than those of most other M&A targets in private equity real estate right now.

GreenOak’s Kalsi: deployment discipline fueled $1.55bn fundraise

The New York-based firm raised its hard-cap several times for its third US opportunistic vehicle.

Torchlight hires Carlyle, KKR execs – Exclusive

The New York-based real estate debt fund manager has brought aboard a new chief operations officer and a senior capital raiser in the past two months.

Harrison Street sells 75% stake with eye toward succession planning

The firm’s founders have sold all or part of their interests to property services company Colliers, which is expanding into the investment management space.

CalPERS’ CIO exit is latest in executive departures

Ted Eliopoulos joined CalPERS in 2007 and will step away by the start of 2019.

Blackstone’s $7.6bn take-private bid ‘a fair price,’ analysts say

The private equity giant’s per-share price offer for Gramercy is said to be higher than the NAV of the REIT’s underlying assets.

Evercore pursues global expansion of RE placement business

The New York-based investment bank, which recently merged its real estate capital raising team with that of Greenhill, expects to increase the group’s international business from 25% to 40% over the next three years.

Ready for the spotlight

For more than 20 years, Hudson Advisors has served exclusively as the asset manager and servicer for Lone Star Funds. Now, it wants to be an investment manager too.

Warming up to a cool country

Canada’s steady growth and lack of volatility make the country an attractive investment for local and foreign buyers – if they can overcome its barriers to entry.

Slate closes first Canadian opportunistic fund above target – Exclusive

The Toronto-based firm brought in Canadian, US and European institutional investors for the vehicle.

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