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Carmel closes seventh multifamily fund on $1.28bn – Exclusive

Surpassing its $1bn target, Investment Fund VII will focus on ground-up development in major US markets.

Lone Star’s senior housing offload latest in European exit spree

The Dallas-based firm has unloaded hundreds of properties accumulated in the years following the global financial crisis as European investors embrace riskier investments.

PERE Predictions 2019: Future Fund sees more privatization deals

The Australian sovereign wealth fund believes best in class managers will keep tapping public-to-private opportunities in the global late-cycle real estate market.

PERE Predictions 2019: Oregon State sees a year of logistics aggregation

The Portland-based public pension believes institutional investors will increasingly look to scale their industrial portfolios.

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.

UBS turns to multifamily in Japan after shelving hotel strategy – Exclusive

Including a cornerstone investment from APG, UBS Asset Management is planning to raise $330m in total equity for a residential club vehicle.

CapitaLand charts global expansion with US multifamily debut

Majority of the Singaporean firm’s real estate investments are in Singapore and China, but the firm is now planning to increase its share of investments outside Asia.

Trion launches second multifamily fund – Exclusive

The California-based firm will be using a crowdfunding platform to help raise capital for the vehicle, which has a value-add strategy targeting apartments on the West Coast.

Australia’s First State Super makes US multifamily debut

Through a new $2bn JV with Lendlease, the fund hopes to learn lessons about development in gateway cities applicable to other markets, its head of real assets told PERE.

Housing the young guns of South America

Managers are tailoring more residential projects to Latin America’s millennials and Generation Z. But with that comes the risks of investing in emerging strategies.
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