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The world’s largest CMBS servicer says its actual special servicing activity during the covid-19 crisis is more than what the numbers show.
Former global head of Brookfield’s private funds group Leo Van den Thillart has been brought on board as CEO to lead the business.
These debt handlers are front-and-center of the real estate distress unfolding during the covid-19 crisis.
The Morgan Stanley and Equity International alumni have secured their first multi-strategy investment from a prominent US institution.
With $500m in its debut fund and $500m in co-invest capital, Breakthrough Properties aims to take life science real estate investment global.
There are good reasons why the greater emphasis on real estate public equities during the pandemic will stay once the crisis subsides.
While a divided government rules out the president-elect’s tax plan, ESG strategies and health and life science real estate are likely to prosper.
Tom Barrack’s successor told the virtual PERE America conference last week Pfizer’s vaccine progress and Joe Biden’s US presidential victory would not be ‘total elixirs’ for private real estate. 
The US manager has backed former Tyndaris real estate boss Clark Coffee’s new venture to capitalize on dislocation in the European lending market.
The asset manager was in the market to buy this summer, but with few opportunities available it pivoted to the sell side – and outperformed expectations.

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