Newsletter

Blueprint: Silicon Valley Bank’s and Signature Bank’s collapse and the real estate fallout, North American investors’ China problem, Niam’s latest roadshow

Silicon Valley Bank and Signature Bank failures have different initial implications for real estate managers; some North American investors have a China problem, as told in PERE’s latest deep dive; Niam returns to fundraising form with a big CalSTRS commitment; and more in today’s briefing, exclusively for our valued subscribers.

Blueprint: Blackstone defaults on debt but sees waning fund redemption queues, Lone Star’s 22nd fundraise coming, AXA IM Alts raises notable capital for debt

Blackstone defaults on Finnish portfolio despite efforts to stave this off in the same week it reports redemption queues for BREIT softening; Lone Star Funds begins fundraising for its 22nd real estate opportunity fund; AXA IM Alts pours as much into debt as it does equity in a sign of the times; and more in today’s briefing, exclusively for our valued subscribers.

Blueprint: PERE’s Award winners about to be announced, GIC’s INDUS take-private, CPP Investments hires global real assets head

PERE Award winners are announced tomorrow, with a varied field of winners; GIC’s INDUS Realty Trust purchase is the state fund’s fourth REIT privatization in the last year; CPP Investments hires global head of real assets six months after losing predecessor to a competitor; and more in today’s briefing, exclusively for our valued subscribers.

Blueprint: PERE’s Asia conference kicks off, Blackstone and Brookfield’s loan woes, Tristan’s third stake sale

What to watch for as PERE Asia gets underway; Blackstone and Brookfield engage with loan issues as defaults loom; Tristan’s sale to Candriam now at 80 percent but founder Lewis insists management stays in control; and more in today’s briefing, exclusively for our valued subscribers.

Blueprint: Brookfield’s fifth global fundraise begins; GLP’s corporate restructure means a reunion; Nuveen’s value-added European strategy

Brookfield’s re-entering of the fundraising market demonstrates pace of deployment, GLP’s corporate restructure sees a spun-out business return to the fold, Nuveen adds a closed-end fund to its open-ended quiver in Europe; and more in today’s briefing, exclusively for our valued subscribers.

Blueprint: Public REIT fortunes mixed after Fed interest rate hike; PERE explores borrowing problems; Brookfield’s South Florida hotel sale finally closes

Public equities markets react favorably to Federal Reserve’s latest interest rate hike but real estate public markets have a mixed response; PERE’s latest cover story highlights borrowers’ issues in the current environment; Brookfield sells a signature hotel asset in South Florida after previously failed buyer efforts; and more in today’s briefing, exclusively for our valued subscribers.

Blueprint: Blackstone’s fundraising momentum; CalSTRS’ real estate staff shake-up, BIG’s record multifamily fundraise

Blackstone’s earnings remind the market of the firm’s fundraising prowess; CalSTRS’ Mike DiRe is promoted, while the real estate director position remains unfilled; Bridge Investment Group raises a record multifamily fund, proving investor appetite for the asset class; and more in today’s briefing, exclusively for our valued subscribers.

Blueprint: KKR and ODCE’s redemption queues, real estate’s prominence at Davos, MN’s seed M&G investment

KKR and the ODCE index both face redemptions queues as investors rebalance portfolios; real estate prominent at the World Economic Forum in Davos; MN escalates fund commitment sizes as it seeds M&G’s new core fund; and more in today’s briefing, exclusively for our valued subscribers.

Blueprint: BlackRock’s continued reshuffling, ESR’s latest Vietnam expansion, LGIM’s US platform launch

BlackRock makes further leadership changes, promoting its EMEA head to a global chief investment role; ESR continues expansion in Vietnam via a $450 million funding round for a local industrial developer; LGIM opens its US real estate business with initial plans for balance sheet investing; and more in today’s briefing, exclusively for our valued subscribers.

Blueprint: PERE Awards voting closes, Private REIT dust starts to settle, Allianz and PIMCO’s rebrand

Voting in the 2022 PERE Global awards closes with some very tight races, BREIT’s $4 billion commitment from UC Investments furthers discussions around private REITs, Allianz Real Estate rebrands to PIMCO two years after being grouped together by insurance giant parent; and more in today’s briefing, exclusively for our valued subscribers.