Regions

All told, the Los Angeles-based manager now has $5.5bn to target distress real estate opportunities in the US and Europe.

One major takeaway from the week-long event was the differing real estate estate appetites between Korean and Japanese investors.

The five assets are in Massachusetts, Maryland, New Jersey, Pennsylvania and Virginia.

As prices tumble, the mega-manager is back to investing aggressively in a sector it spurned two years ago.

Performance is just one reason why a fund with an original target of $6bn ultimately collected less than half that amount.

The Swiss bank’s multi-manager real estate business has made an initial commitment of more than $100m to the Los Angeles-based manager.

The Dallas-based private equity real estate firm cites investor liquidity issues and a keenness to get deploying for the $2.7bn final closing for LSREF VII, less than half its initially reported $6bn target.

Investment decisions should not be postponed due to political uncertainty, study finds.

The building’s owners have completed $250m in upgrades since 2020, but a lawsuit claims the renovations are too little, too late.

London-headquartered manager Henderson Park’s initial US fund is part of an expansion plan several years in the making.