Newsline

Bonaccord Capital Partners has acquired a minority interest in Prime Finance.

The current macro environment should be viewed not as a traditional economic shock, but as a delay mechanism that pushes out the timeline for normalization, according to Ryan Severino, chief economist at BGO, in his recent report.

Laura Dunn has joined CBRE Investment Management (CBRE IM) as head of the commercial operator division for Americas direct real estate.

Current CIO of the State of Hawaii Employees’ Retirement System (ERS), Kristen Varela, has been selected to serve as CIO of the $71 billion New Mexico State Investment Council (SIC). She will succeed Vince Smith as CIO.

LaSalle Investment Management, the global investment management business of JLL, has announced that it has raised the first $370 million of capital, inclusive of sidecar commitments currently in closing, for its new global decarbonization fund, the LaSalle Property Planet Protection Fund (Lp3F).

The Fed has been hanging its hat on “data” for far too long. The data it uses is compiled in arrears and is sometimes months old. The Fed rarely looks ahead. Given the historically unique times we are experiencing today, can the Fed evolve, embrace this new landscape, and begin to act proactively? Or will it be left behind as an economic revolution unfolds?

NIC MAP has announced the integration of active adult performance data across its platform, expanding the market intelligence available to investors, developers and operators evaluating this growing segment of the senior housing landscape.

The office sector in the London submarket of Southbank East has shifted back into positive absorption after two consecutive years of net demand losses, according to CoStar.

MAPP has secured an expanded mandate with Barings to manage a portfolio of class A logistics assets and landmark offices in the United Kingdom.

AEW has published its latest European research report, “European residential expected to remain resilient if prolonged Middle East conflict triggers downside scenario.”

The U.S. cold storage sector is undergoing a cyclical reset as a recent wave of new development collides with softer food inventories and more cautious consumer spending, according to Newmark.

Harbert Management Corporation (HMC) has sold a portfolio of five seniors housing properties across four states.

Jennifer Diaz, vice president, client services and operations at PCCP, recently participated in a special feature highlighting accomplished women in the real estate sector for Institutional Real Estate Americas. She shared her perspectives on leadership, investing and career evolution. While an excerpt of that interview appeared in the print magazine, the entire conversation, lightly edited, appears below.

In a sponsored interview published in the April issue of Institutional Real Estate Americas, PCCP's Bryan Thornton, managing partner, and Jim Galovan, partner, discuss the enduring importance of credibility and durable relationships, and how even in today's growth-minded, quickly-evolving technological investment landscape, understanding that is key to success.

In a sponsored interview published in the April issue of Institutional Real Estate Americas, Kayne Anderson's Lee Levy, senior managing director, investments, real estate, discusses how loan structures, underwriting standards and sponsor expectations have evolved in recent years, and explains how focusing on relative value across public and private markets allows Kayne Anderson to make the right investment decisions regardless of the state of the market.

In a sponsored interview published in the April issue of Institutional Real Estate Americas, Kevin Yam managing director, portfolio management, and Jim Halliwell, head of housing and alternatives at Principal Real Estate, discussed today's complex and dynamic housing market, and how Principal uses a sophisticated perspective and precise analytical methods to identify opportunities quickly and move decisively as the market shifts.

In a sponsored interview published in the April issue of Institutional Real Estate Americas, Colleen Collins and Sean Sullivan, managing directors and members of Blue Owl's Net Lease Investment Team, talk about the many ways sale-leasebacks and build-to-suits can support critical strategic objectives, and why investment-grade companies are drawn to Blue Owl for capital solutions.

Landmark Properties has entered into U.S. senior housing sector. To lead the company’s move into senior housing, Landmark has appointed industry executive Shashank Goel as senior director of U.S. senior housing investment management.

Convene Hospitality Group (CHG) has secured $230 million in strategic growth capital, led by new lender TPG, with additional equity investment from existing shareholders, including Ares funds.

S2 Capital has hired Danny Bernstein as vice president of acquisitions, southeast.