Regions

The city’s chief climate officer is ‘serious’ about enforcing Local Law 97 to reduce carbon emissions of the city’s biggest assets by 2030.

Having capital to redeploy into new opportunities has been a major challenge for all types of institutions, delegates heard at PERE America.

Delegates at this week’s PERE America conference in New York heard plenty of negative comments about the sector, but predicted a great buying vintage was not far off for those with liquidity.

For the first time in the fund series’ history, the private investment firm will target a sizable allocation to data centers.

While some cities outperform, demand for apartments is likely to outpace supply across the US for the foreseeable future, writes Kyle Hagerty.

Commercial real estate investors are finding opportunities in a number of US cities both large and small.

The firm has launched the strategy at a time when real estate financing ‘is a pretty broken market,’ according to CEO Jon Winkelried.

The former Neiman Marcus retail space, which Wells Fargo acquired for $550m, will become the sole office space in the retail property.

The manager closed on an additional $2bn for its latest real estate opportunistic fund during Q3 2023 amid a pick-up in transaction activity.

The Texas-based manager has bucked a wider private real estate capital market malaise by hitting the $746m hard-cap for its latest Sun Belt states logistics-focused vehicle.