Abu Dhabi’s Lunate, Brookfield start $1b residential property venture

by Andrea Zander

Brookfield Asset Management, through its Middle East private equity strategy, and Lunate, an Abu Dhabi-based global alternative investment manager with more than $110 billion in assets under management, have formed a joint venture to invest in the residential real estate sector in the Middle East.

Principal’s Chris Duey on $2.1t in loans coming due — and what’s next for CRE finance

by Andrea Zander

In an interview with IREI, Chris Duey, senior managing director and head of private real estate debt portfolio management at Principal Asset Management, shared his insights on the pending debt maturities and expectations for the real estate finance.

Ryman Hospitality Properties to acquire JW Marriott Phoenix Desert Ridge Resort & Spa for $865m

by Released

Ryman Hospitality Properties has plans to purchase JW Marriott Phoenix Desert Ridge Resort & Spa in Phoenix, Arizona, for $865 million. The company plans for the resort to continue to be operated by Marriott International under the JW Marriott flag.

New Hines research shows European student living graduation from niche to mainstream asset class

by Released

Hines has released a new paper titled Class Act: Redefining Student Living in Europe, which highlights the sector’s rapidly growing appeal to international investors.