Capital Formation

Lenders welcome Fed’s latest cut but underscore need for lower long-term rates

Commercial real estate remains an interest-rate-sensitive asset class, particularly with respect to longer-maturity rates.

Institutional investors set to favor targeted debt allocations in 2026  

Institutional investors are deploying smaller, targeted commitments, with more focus on funds – creating opportunities for specialist managers.

Sculptor’s early investments for its $4.6bn opportunistic fund reveal a cautious stance

The bulk of the deployment for Sculptor Real Estate Fund V has come via mezzanine debt and preferred equity investments, indicating how some opportunistic investors are mitigating risk.

LaSalle IM names new global CEO, president

Americas head Brad Gries will assume the top job at the Chicago-based manager as incumbent chief executive Mark Gabbay transitions to executive chair.

Avila holds $100m first close for second debt strategy

The firm lined up Hillwood as a lead investment partner en route to its $1bn target and a June 2026 final close.

Regional retrenchment: ‘Financial engineering trumping local knowledge is over’

This episode of The PERE Podcast discusses ICG’s retrenchment from Asia, following a line of Western managers doing the same. We also speak to Goodwin Gaw, chairman of Gaw Capital, about his views on the current trend and the firm’s renewed focus on the region.

Artemis raises $1bn for healthcare real estate in under six months

Continuity concerns over the manager’s $650m sale to Barings appear to be quelled as it pulls in its second-largest capital haul to date.