News

Investors and managers continue targeting the residential sector

But mirroring the overall commercial real estate sector, residential fundraising totals have been trending down since 2021.

PERE 100 and PERE 200: New paths to fundraising dominance

Private real estate’s largest managers are maximizing their chances of fundraising success during a challenging market environment.

The PERE 100 and PERE 200 are moving sideways

In a tough fundraising market, the largest managers are increasingly utilizing co-investment vehicles and separate accounts to stay competitive.

Former Blackstone exec finishes debut fundraise in nine months

Town Lane, founded by Tyler Henritze, closed the fund at its hard-cap without the help of an IR team or placement agent.

Starwood private REIT gating will lead others to ‘consider it’

Starwood CEO Barry Sternlicht said the redemption limits for the firm’s SREIT are temporary. But similar limits could be also imposed on other private REITs.

SREIT’s woes show retail investors are still wary of real estate

Even before the vehicle’s liquidity issues emerged, capital raising from the investor group had fallen off a cliff last year.

Goldman holds final close for latest real estate credit fund

West Street Real Estate Credit Partners IV will have more than $7bn of lending capacity.

PGIM Real Estate targets $2bn for data center fund

The US firm is aiming to hold a final close this summer for the globally focused vehicle, which would be its largest closed-end fund yet.

Patron Capital closes seventh opportunistic fund in ‘brutal’ market

Founder Keith Breslauer says most US investors were not interested in pursuing distress in Europe, perceiving a greater opportunity at home.

Brookfield’s Teskey: ‘This was the best Q1 fundraising quarter we’ve ever had’

Among the $20bn raised by the Toronto-based firm during the period was $2.2bn for its fifth flagship real estate fund, BSREP V.