Sectors

Connecticut Retirement considers boosting real estate pacing plan

The increase would come after CRPTF fell short of its non-core commitment target in 2025.

Los Angeles Water and Power discusses impact of rent regulation

Real estate assets do not tend to fare well under affordability policies, consultant StepStone told the investor last week.

‘It’s a really solid asset class’: Private capital warms to affordable housing

The PERE Podcast spotlights investors’ growing conviction for strategies that address one of real estate’s most undersupplied sectors, featuring MSquared founder Alicia Glen.

Blackstone’s real estate co-head departure raises myriad questions 

The firm’s decision to have only a sole global head leaves a leadership vacuum – and contradicts its earlier position on oversight of the business.

CIM Group holds first close on debut impact fund focused on US affordability crisis

CIM-BGV Impact Ventures, a partnership between the manager and entrepreneur and financial literacy advocate John Hope Bryant, will fund the preservation and construction of low-income housing.

Clarion Partners appoints EMEA distribution lead, eyes M&A

The US manager has made a key hire to help fulfill an ambition to double its assets under management in Europe in the next five years.

Blackstone real estate chief Kathleen McCarthy to step down

The mega-manager’s global co-head of real estate is leaving after 15 years, placing Nadeem Meghji into sole leadership of its $320 billion property business.

PSP, La Caisse explore recalibration of property portfolios  

The two Maple 8 investors are turning a more analytic eye toward real estate investments to drive higher returns, attendees heard at the PERE America Forum.

Madison International to make first investments in Asia

Founder Ron Dickerman expects his firm will begin deploying capital next year amid a ‘very intriguing’ time to explore real estate secondaries in the region.

Brookfield makes first real estate secondaries exits

Strong rental growth allowed the manager to exit portfolios of industrial and student housing assets three years earlier than planned.