Debt

Sienna IM launches consulting business for Korea’s troubled asset owners

The new platform is intended to help mitigate miscommunication issues that led to unintended forced sales of properties.

Clarion hires Karlekar to head global research and strategy

Indraneel Karlekar returns to the New York manager, where he previously headed research during his days with affiliate ING.

Makarora’s first fund is a litmus test on flexibility

The debut vehicle of ex-Blackstone real estate boss Chad Pike should reveal investor appetite for an unconventionally wide brief.

Goldman Sachs sees ‘opportunities for further dispositions’ in 2024

The banking giant’s CFO said the firm ‘made substantial progress’ in selling down its commercial real estate balance sheet portfolio in 2023.

Pike’s Makarora goes for flexibility with fund debut

The ex-Blackstone real estate boss has included three strategies in the investing thesis for his new firm’s maiden fund.

Look Ahead 2024: Middle Eastern investors shake up US strategies

Following a trip to the Middle East, Berkadia’s Noam Franklin expects investors in the region to be interested but highly selective on US real estate opportunities this year.

Apollo winds down Asia real estate equity business

Several real estate professionals have left the firm since last year, bringing down the curtain on a platform that has been in operation since 2010.

Fed’s potential rate cuts ‘not enough to bail out most people’

Private real estate executives have mixed views on the impact of expected rate movements on investment activity next year.

Ivanhoé Cambridge and Residential Land source £465m refinancing for London portfolio

The joint venture partners have agreed to a sustainability-linked loan from lenders HSBC and OCBC.

Mubadala makes major push in European property credit investment

The sovereign wealth investor has joined forces with Aldar Properties and Ares Management for a $1bn investment drive.