News & Analysis

IPI was founded in 2016 as a joint venture between Iconiq and Iron Point.

The sales will offset redemption payments for the fund, for which the net asset value is projected to fall 40% over the next three years.

The asset management arm of JPMorgan Chase first entered the space after naming Chad Tredway its head of real estate Americas last year.

Despite the brighter outlook for attracting capital to private real estate, key metrics point to ongoing challenges for fund managers.

The acquisition – which includes GCP assets in Japan, Brazil and the US – will nearly double Ares’ real estate assets under management.

The Munich-based multifamily office has hired Cord Ernst to run the North American division and struck its first deal in the region.

A bitter labor dispute led to calls for the Santa Fe-based sovereign wealth fund to withhold investments from the firm.

The Spanish manager has partnered with US developer Advenir to build 10,000 single-family homes and buy 5,000 existing rental units.

The LGPS collective has tasked Orchard Street with deploying £100m to decarbonize direct UK real estate assets.

The firm has hired two former Ares executives to lead its strategic transactions team in the region and oversee the value-add fund series.