Managers

The addition of Cromwell Europe will double Stoneweg’s AUM and expand its wheelhouse into multiple new markets, says founder Jaume Sabater.

The firm will shift to being a local manager given the difficulties of being global without vast scale, according to Cromwell’s CEO.

Industry executives agree on a positive outlook for US real estate, but not on whether the upswing will include the out-of-favor sector.

But aggregate repricing in the region has been more limited than that of North America and Europe, according to a new report.

Amid delayed cuts, some firms continue to model lower borrowing costs, while others have not factored them in at all.

The potential combination of two top 10 PERE 100 firms is unlike other private real estate M&A deals for multiple reasons.

The four industrial properties located on the Texas-Mexico border were sold to two institutional buyers.

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.

Many assets considered top-tier in the sector are older and do not meet ESG expectations. That needs to change, says Craig McDonald, principal at Ardstone Capital UK.

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