Strategies

Mavik Capital holds $350m first close for latest fund

The firm’s second real estate private credit fund is targeting $515m.

Why Ares, Goldman and Blackstone are charging back into retail real estate

On The PERE Podcast, Greg Dool, Samantha Rowan and Guelda Voien break down a pair of deals that signify a renaissance for the once-exiled sector.

Chicago Teachers to invest $30m Basis Investment Group allocation 

The $12.9bn pension fund allocated the capital to the New York-based manager’s BIG Real Estate Fund III.

Office-to-resi conversions gain steam in New York 

A pair of $100m+ financings originated over the past month demonstrate the increase in traction for residential conversions.

Principal AM adds Richard Hill to lead real estate research and strategy

Hill previously worked in a similar role at Cohen & Steers and will focus on allocation opportunities for the Iowa-based manager.

Sunrise Realty charts aggressive expansion course

The Florida-based commercial real estate lender wants to double origination as it grows its lending base.

Inside Madison Realty JV’s $250m New Jersey residential financing

A recent $250 million financing for a luxury multifamily complex highlights lenders’ appetite for the niche market.

Rollins launches next generation-focused real estate fund 

The founder of JCR Capital has rolled out Canopy Real Estate Partners to support mid-market managers seeking to break into the institutional real estate fund management business.

New Jersey Division of Investment sets $1.2bn CRE debt, equity goals 

The pension fund’s plans involve committing to several debt and equity managers, and appointing a new investment consultant.

Madison Realty hires Cohen from Affinius to head asset, portfolio management

Industry veteran Brad Cohen will be integral for risk management and identifying growth opportunities.