First Capital REIT agrees to be acquired by KingSett Capital and Choice Properties REIT in $6.9b transaction

by Released

KingSett Capital, on behalf of KingSett Real Estate Growth LP No. 8 and other investors, and Choice Properties REIT announced that they have agreed to acquire First Capital REIT in a unit and cash transaction valued at approximately C$9.4 billion ($6.9 billion, including the assumption of certain debt.

Landmark Properties closes sponsor fund at $300m

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Landmark Properties, a fully integrated real estate investment management firm specializing in the development, construction, acquisition and operation of high-quality residential communities, has announced the final close on the Landmark Sponsor Fund, which closed at $300 million, exceeding its initial $200 million target.

Wellington Private Investments’ Ravi Anand on CRE debt shift

by Andrea Zander

The commercial real estate credit market has shifted from an environment defined by low-cost capital to one shaped by higher interest rates, tighter lending standards and more selective capital deployment.

CapitaLand Asia Pacific Credit Program II achieves $320m in final close

by Released

CapitaLand Investment Limited (CLI), a global real asset manager, has achieved final close of the CapitaLand Asia Pacific Credit Program II (ACP II), reflecting continued investor demand for senior secured, asset-backed real estate credit strategies.