Debt

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

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

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

The Ares-RXR venture comes at a time when transaction activity in the city has started to tick upward and capital is starting to move.

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

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

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

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

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

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.