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Beacon raises $1.58bn for latest fund – Exclusive

The vehicle is the private equity real estate firm’s largest since the global financial crisis.

Ares eyes US RE expansion with new leadership role

Former Blackstone senior managing director David Roth will lead the efforts to scale Ares’ US real estate strategy as partner in Ares Real Estate Group and head of US real estate private equity.

Longpoint Realty closes on $280m debut fund – Exclusive

The Boston-based firm was backed by investors that included Chicago Teachers and Texas Permanent School Fund.

Carlyle closes RE secondaries fund on $1.2bn

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

PERE Predictions 2019: Chicago Teachers sees boost in RE debt allocations

Bracing for a possible market downturn in 2019, the Chicago Teachers’ Pension Fund sees allocations to real estate debt strategies as one way for pensions to meet the liabilities of their beneficiaries.

Cerberus US real estate boss to retire

Ron Kravit, ‘one of the main reasons’ one investor committed capital to the company, will step down after 22 years.

Sun Life rounds out real estate offering with merged firm purchase

The Canadian insurer’s 56% stake purchase in the merger between its real estate investment business Bentall Kennedy and GreenOak Real Estate will allow it to offer its investors strategies from core to opportunistic.

ARA’s Lim: Setting up a US funds platform would be ‘naïve’

The Singapore-based investment manager funded its initial foray into the world’s largest property market with balance sheet money rather than institutional capital.

PODCAST: Highway to the opportunity zone

PERE talks with several experts to break down the opportunities, risks and rules that come with the new US federal program creating buzz among real estate investors.

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.

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