Investors | Apr 28, 2022 Second Avenue Group locks in $250m commitment from Monroe Capital by Kali Persall Second Avenue Group, an institutional single-family rental platform, has added $250 million from private credit asset manager Monroe Capital to its investment platform.
Transactions | Apr 28, 2022 Trinity Place Holdings sells JV interest in NYC asset by Released Trinity Place Holdings, along with its joint venture partner, has closed on the sale of The Berkley, at 223 N. Eighth Street in Williamsburg, Brooklyn, to TF Cornerstone for $71.02 million.
Transactions | Apr 28, 2022 KKR completes acquisition of Japanese real estate asset manager by Released KKR & Co. has closed the previously announced transaction whereby KKR purchased all the shares of Mitsubishi Corp.-UBS Realty, a Japanese real estate asset manager.
Investors | Apr 28, 2022 ICG to launch Asia Pacific real estate business by Released ICG has hired a dedicated team to invest in Asia Pacific real estate equity and debt, focusing on mid- to upper-market transactions, corporate-led deals and special situations.
Investors | Apr 28, 2022 Ohio Police & Fire slates $50m for core-plus real estate fund by Kali Persall The $18.14 billion Ohio Police & Fire Pension Fund (OP&F) has approved a commitment of up to a core-plus real estate fund managed by Fairfield Residential.
Transactions | Apr 28, 2022 REAF Communities acquires 3,173 acres for master planned community in Texas by Released RREAF Communities has closed on a 3,173-acre mixed-use development between Austin and San Antonio in Caldwell County, Texas.
Fundraising | Apr 28, 2022 CBRE Investment Management launches new senior credit fund in the U.K. by Released CBRE Investment Management has established an evergreen U.K. Senior Credit Fund.
Transactions | Apr 28, 2022 Hersha Hospitality Trust to sell noncore Urban Select Service properties for $505m by Andrea Zander Hersha Hospitality Trust has entered into a definitive agreement to sell seven of its noncore Urban Select Service properties outside of New York City for $505 million.
Investors | Apr 28, 2022 Ohio SERS backs Pretium Single Family Rental Fund III by Kali Persall The School Employees Retirement System (SERS) of Ohio has approved a commitment of $50 million to a core-plus strategy within the real assets portfolio.
Transactions | Apr 28, 2022 C-Star exits SFR fund in sale to institutional operator by Released C-Star has exited its Fund I.
Fundraising | Apr 27, 2022 Waypoint Residential raises $50m in second round of funding by Andrea Zander Waypoint Residential has announced that its subsidiary’s closed-end commingled Fund II has raised over $50 million in equity.
People | Apr 27, 2022 Former Texas Teachers director Joyce Chow joins GI Partners Real Estate by Andrea Zander Joyce Chow has joined GI Partners as a principal in its real estate strategy.
Research | Apr 27, 2022 NCREIF Timberland Index returns 3.21% by Released The National Council of Real Estate Investment Fiduciaries (NCREIF) has released first quarter 2022 results of the NCREIF Timberland Index.
Transactions | Apr 27, 2022 CICT and COREF to acquire Singapore office building for $910m by Released CapitaLand Integrated Commercial Trust (CICT) and CapitaLand Open End Real Estate Fund (COREF) have purchased 79 Robinson Road.
Fundraising | Apr 27, 2022 DF Capital Management raises $322m for residential land fund by Andrea Zander DF Capital Management has held a final closing of DF Residential II in the first quarter 2022 with $322 million of equity commitments, exceeding its target raise of $250 million.
Investors | Apr 27, 2022 LaSalle and NUMA Group launch €500m pan-European urban hotel portfolio strategy by Andrea Zander LaSalle Investment Management has launched a €500 million ($528 million) pan-European urban hotel aggregation strategy.
Fundraising | Apr 27, 2022 EQT Exeter sets $4.5b target for latest U.S. industrial fund by Kali Persall EQT Exeter is seeking $4.5 billion for its latest value-add industrial fund, launched in early March.
Investors | Apr 27, 2022 Schroders Capital secures first Australian private-debt mandate by Released Schroders Capital has been awarded its first Australian private-debt mandate from a large industry superannuation fund.
Research | Apr 27, 2022 Major Asia Pacific property markets show gains as recovery builds momentum by Released Major Asia Pacific real estate markets continue to build on a recovery led by gains in the office and industrial segments and are looking forward to a pick-up in dealmaking across segments in the upcoming quarters.
Fundraising | Apr 27, 2022 Timbercreek Capital launches open-end private-debt fund in North America by Kali Persall Canadian alternative asset–class investment manager Timbercreek Capital has launched its first open-ended North American private-debt fund, representing its continued expansion in the United States.
