The New York-based alternative asset manager beat out eight other private equity firms to buy LaSalle Hotel Properties – a deal that is up for shareholder vote next month.
2 min read · 07 August 2018
The $351bn pension system approved a $600m increase to its real estate commitments for the current fiscal year, but its head of real assets explained why not all that capital may be invested.
2 min read · 07 August 2018
More private fund managers that oversee closed-end funds are selling portions of their firm to finance product growth, succession or larger GP commitments.
4 min read · 01 August 2018
The round of promotions is a result of the Los Angeles firm’s real estate platform growing tenfold in assets under management over the past 10 years.
4 min read · 31 July 2018
The US REIT has suffered from problems including a poor return track record and nepotism, but after multiple failed bids, Brookfield is poised to accelerate development growth, analysts said.
4 min read · 31 July 2018
Despite headwinds affecting the sector, Sterling Organization has exceeded the $450m target on its latest vehicle.
3 min read · 30 July 2018
The alternatives-focused firm is working with a Morgan Stanley-owned operator on a 21-asset portfolio.
3 min read · 24 July 2018
The $225bn pension is looking to increase collaboration, internally among investment teams and externally with third-party investors, as part of a wider initiative.
3 min read · 23 July 2018
Rising valuations and geopolitical risks are hurting the case for sovereign wealth funds to invest more money in real estate.
3 min read · 20 July 2018
The alternative asset manager, which recently raised $1bn for the strategy, has opted to stay private even as more firms have moved to consolidate or go public.
3 min read · 18 July 2018
