Sectors

Selling the legacy of Hollywood’s Golden Age

Henderson Park has purchased the Arizona Biltmore Hotel, former haunt of Marilyn Monroe and Frank Sinatra, from Blackstone for $705m.

Noble hires Fifth Wall’s head of capital formation for new role

Angela Johnson will focus on cultivating new investment opportunities emerging in the US hospitality sector.

Blackstone is ready to talk about its Embassy REIT exit

With support from some of India’s biggest domestic investors, the exit from Embassy REIT generated a 3x to 3.5x return for Blackstone.

Deep Dive: Why 2024 looks bright for the sector-specialists

While the largest diversified funds still rule the pack, capital is increasingly flowing to vehicles with a singular investment focus.

KSL Capital Partners on why the leisure travel sector holds elasticity

Uncertainty slowed transactions, says KSL Capital Partners’ chief executive and co-founder Eric Resnick, but the leisure travel sector was open to those with dry powder.

Pro-invest launches co-living platform in Australia

The firm will focus on converting existing hospitality assets into co-living properties in the country through a value-add strategy.

DOWNLOAD: Investor appetite for private real estate remains robust for 2024

Although 38% of investors were overallocated to the asset class in 2023, only 27% plan to invest less capital this year.

Investor appetite helps real estate turn the corner

The outlook for 2024 stands in stark contrast to 2023 as institutional appetite for real estate picks up, says James Jacobs, head of real assets for Lazard’s private capital advisory group.

Perspectives 2024: What investors think about private real estate

Investors are hurting from the poor performance of real estate, but this has not diminished their appetite for fresh investments.

DOWNLOAD: Fundraising hit an 11-year low in 2023

The total of $138.93bn raised in 2023 represented a 41% drop from the $236.04bn raised in the 2021 fundraising peak.