In a year that saw the largest interest rate rises in the US since the 1980s, debt strategies were celebrated in PERE’s 2022 North American awards.
4 min read · 01 March 2023
The New York-based manager has garnered a $100m commitment from MassPRIM for the vehicle.
3 min read · 27 February 2023
Some managers fear private real estate is losing sight of ESG requirements as more immediate issues move to the top of the priority list.
3 min read · 24 February 2023
As managers and investors continue to struggle with liquidity issues, it is no longer business as usual for real estate recapitalizations.
4 min read · 22 February 2023
The New York-based capital advisory firm believes an increase in corporate transactions is in the offing, despite pressure on sale multiples.
2 min read · 20 February 2023
The $835m sale of the Hollywood, Florida hotel was necessary because the firm was harvesting exits for its first global opportunity fund, which is being wound up.
4 min read · 17 February 2023
Private real estate’s number one and two ranked managers are both engaged with lenders over problem debt. The rest of the market must be watching.
3 min read · 16 February 2023
Mill Creek, a Boca Raton, Florida-based manager has raised its first fund and expanded its SMA platform.
3 min read · 15 February 2023
The firm’s first investment vehicle following its acquisition by Morgan Stanley IM targets transitional amid market dislocation.
2 min read · 14 February 2023
The New York-based firm defended its real estate assets on its fourth quarter and full year earnings call despite the value of its opportunistic holdings falling 8 percent.
2 min read · 14 February 2023