Sectors

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.

Supply-demand imbalance fuels European residential opportunities

‘Housing will be the key element to drive cities,’ Meridia Capital head Javier Faus said during the 2021 PERE America Forum.

Greystar makes industrial push into new region

The multifamily specialist first entered the sector in the US by acquiring a partial stake in Thackeray Partners in September 2020.

Bouwinvest on why senior housing is a key ESG strategy

The sector offers stable financial returns and allows investors to deliver social returns, as they contribute to a high-quality living environment for the elderly, according to Bouwinvest’s Erwin Drenth

Greystar launches $1bn pan-Asia strategy

The US multifamily specialist previously raised three country-specific funds in the region targeting Japan, Australia and China.

Rabil: Kayne Anderson ‘swimming downstream’ with latest fund

The Florida-based firm’s focus on specialty property types propelled it to a record close for its sixth opportunistic vehicle.

How smart home tech is changing the growing residential market

Residential managers, residents and owners are seeing the positive impact that technology can have on their properties, something that has been amplified by the pandemic.

A half-finished strategy was sufficient for Greystar’s $3.6bn exit

The firm only renovated half the units in Greystar Equity Partners IX before putting it on the sales block. Buyer Ivanhoé Cambridge will handle the rest.