Managers

The past three years have seen a major uptick in real estate splurges on the world-famous Strip, led by private, institutional capital. PERE explores why.

Brookfield Asset Management is aiming for rarefied air with its fourth flagship real estate fund, the largest to launch post-pandemic.

The ex-Tristan Capital executive believes the $5.5bn raised by the managers of PERE’s Proptech 20 ranking could eventually grow to 10 times that size.

The constituents of PERE’s signature ranking of private real estate managers saw their capital markets activities impacted last year, but not knocked off course.

The 2021 ranking reflects more muted fundraising activity during the covid pandemic.

Hampered transaction activity by the PERE 100 in 2020 was predictable in the circumstances, writes Simon Mallinson, executive managing director at Real Capital Analytics.

Aided by the rise of logistics and other property types, opportunistic and value-add managers outperformed their core counterparts.

Even the most dominant in the ranking are seeing a drop in aggregate growth.

The Texas capital leads a pack of secondary US cities that have moved to the top of global investor wish lists this year.

The New York-based firm’s latest vehicle is effectively a non-traded REIT within a 1940 Act wrapper, but the wrapper is where the innovation lies.