Sectors

Madison Realty Capital closes $2bn fifth fund

The New York firm has raised the largest dedicated US real estate debt vehicle since the beginning of the pandemic.

Ivanhoé Cambridge aims to boost Japanese exposure with Allianz JV

The Canadian pension’s real estate arm is looking to increase its exposure to a market it has been eyeing for at least three years.

In niche sectors, it is getting harder to scale through privatization

With Carlyle’s $8bn fund joining the hunt for specialized real estate, competition for scalable platforms will be fierce after a wave of consolidations.

ADIA, Greystar form £2.2bn UK rental housing joint venture

This is the second large-scale partnership between the Middle Eastern sovereign wealth fund and South Carolina-based real estate firm in Europe.

Carlyle hits $8bn hard-cap on largest and fastest fundraise ever

The $293bn manager launched its ninth real estate fund in January with a $6bn target.

VIDEO: Why lenders see a ‘diminished margin of safety’ in SFR

Jordan Suppan, managing director for Miami-based Leste Group, says some rental home buyers are not getting the proper risk premium.

Schroders takes social benchmarking into its own hands

The UK-based manager has established its own framework to measure impact for its impact real estate funds slated for next year.

Bain Capital closes second real estate fund on $3bn

The Boston-based manager raised nearly double its initial target for the fund, which focuses on life sciences, film studios and other niche properties.

TruAmerica raises first affordable housing fund to close this year

The Los Angeles-based firm’s TruAmerica Workforce Housing Fund was the only one of 48 North American rental housing funds to focus on affordability.

CPP Investments commits $840m to single-family rental JV with Greystar

The commitment to the strategy comes amid a boom in demand for US homes, both from renters and investors, during the pandemic.