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The pandemic helped to facilitate the New York-based firm’s foray into the niche real estate sector after a long search for the right entry point.
Waterton Residential Property Venture XIV will have a value-add strategy, targeting multifamily rental investments in diverse markets across the US.
International capital accounted for over 45% of total transaction volume in the sector last year, according to data shared by CBRE.
The firm paused making new investments in the first half of 2020 but restarted in H2, including setting up a dedicated vehicle in a new market.
Backed by Democratic majorities in the House and Senate, the new president will be in the clear to raise taxes and pursue a progressive agenda.
The executive expects investments in operators to become an increasing part of the French insurer’s real estate portfolio.
The US manager has backed the launch of a new lending business by former Man Group and Octopus Real Estate executives to capitalize on the UK’s residential financing gap.
More than half of the capital for the California firm’s latest vehicle came from the region, much of it from first-time investors.
The pandemic has brought increased focus on the social aspects of ESG strategies in particular, according to the real estate investment manager.
A $25bn fund in the latest relief package will bring needed aid to apartment owners and renters, but pandemic losses continue to mount.

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