Americas SPONSORED: Principal Asset Management — Rethinking the private real estate investment playbook by Mona Bower In a sponsored interview published in the October issue of Institutional Real Estate Americas, Devin Chen, Principal Asset Management’s head of private equity portfolio management, describes how capital markets dislocation and a range of structural…
Americas SPONSORED: Blue Owl — Strategizing the full spectrum: Real estate credit strategies up and down the stack by In a sponsored interview published in the October issue of Institutional Real Estate Americas, Chris Graham and Ettore Spezzotti, managing directors at Blue Owl, discuss the importance of breadth and flexibility in their real estate…
Americas SPONSORED: Nuveen — Why the case for real estate debt and equity is strengthening by Mona Bower In a sponsored report published in the October issue of Institutional Real Estate Americas, Nuveen’s Ibrahiiim Bayaan, director of research, Americas, and Mohamed Ali, their director of strategic insights and research, Europe, assess current market…
Transactions Tishman Speyer sells office building in Manhattan’s SoHo neighborhood for $132.5m Tishman Speyer has sold 148 Lafayette St., a fully leased, 12-story, class A boutique office…
Investors Brookfield to finance up to $9b in AI infrastructure for Naver Brookfield has entered into an agreement with South Korean technology company Naver to finance up…
Fundraising Tritax London Logistics Fund raises $533m in equity Tritax London Logistics Fund (TLLF) has raised £400 million ($532.9 million) in new equity, bringing…
Fundraising ACORE CAPITAL closes second opportunistic credit fund above target with $1.1b of commitments by Released ACORE CAPITAL has held a final close of ACORE Opportunistic Credit II (AOC II), its second dedicated fund for opportunistic credit investments with $1.1 billion of commitments, exceeding its $1 billion target.
Transactions Sixth Street acquires the Four Seasons Resort Scottsdale for $372m by Released Sixth Street has acquired the Four Seasons Resort Scottsdale at Troon North, a 210-room luxury resort in Scottsdale, Ariz., for $372 million from Braemar Hotels & Resorts. Sixth Street completed the transaction in partnership with Riller Capital.
People LACERS launches search for new CIO The Los Angeles City Employees’ Retirement System (LACERS) has launched a search for its new…
Transactions Cabot Properties buys industrial development in Houston from Brightshore Capital Brightshore Capital has sold Port 225 Commerce Center, a 484,056-square-foot class A industrial development in…
Transactions KKR invests $475m in Alexandria Real Estate Equities’ Campus Point KKR and Alexandria Real Estate Equities have announced a $475 million joint venture investment by…
Investors PSERS commits $125m to Sterling United Properties I by Elise Mackanych The Pennsylvania Public School Employees’ Retirement System (PSERS) has committed $125 million to Sterling United Properties I CF, a closed-end, core-plus strategy of Sterling Organization.
Investors Argosy’s David Butler and Andy Stewart on scaling alternative property sectors by Beth Mattson-Teig As institutional capital moves deeper into smaller, more specialized and operationally intensive property sectors, the definition of what qualifies as “institutional” is changing. Asset size alone is becoming less important than the ability to execute a repeatable strategy, build scale across a portfolio and support investments with strong operating capabilities, governance and reporting.
