Greg Dool
Greg Dool is PERE's deputy editor, equity, leading PEI's coverage of North American private equity real estate markets. Based in New York, he also edits the subscriber-exclusive weekly Blueprint digest and hosts The PERE Podcast.
In acquiring San Francisco-based Stockbridge for $325m in cash, the firm will also be expanding into IOS and niche residential.
Chris Reilly, who spent the last six years leading Brookfield’s real estate secondaries group, is headed to Pretium to run its property debt and equity businesses.
Overall capital raising has hit a snag this year, but funds under $1bn have displayed the fastest momentum among size groupings.
Marcus Day, former co-head of Brookfield’s real estate secondaries platform, has joined LaSalle as it looks to expand its multi-manager and fund of funds offerings.
Investors are applying newfound pressure on expenses and fee structures after years of real estate underperformance.
The Dallas-based manager hit the hard-cap on its eighth and largest flagship fund to date, aiming for up to 20% returns on Sun Belt warehouses and outdoor storage.
The Madrid-based manager pulled in €1.6bn for the value-add fund and €450m for related co-investments, a record haul for the subregion.
The Los Angeles-based manager scored a $100m commitment to the value-add vehicle as part of a broader strategic partnership with GCM Grosvenor.
Amid a slow fundraising environment for the Boston-based manager’s debut private real estate vehicle, its CEO says it is patiently building its track record via new JV relationships.
The Alberta pension has hired Dan Teper, a former real estate specialist at the Abu Dhabi Investment Council and Brookfield, to oversee its C$26.5bn property portfolio.