Boston Financial closes $164m national multi-investor LIHTC fund by Released | Nov 3, 2023 Boston Financial has closed Boston Financial Institutional Tax Credits 59 Limited Partnership (ITC 59), a $164 million low-income housing tax credit (LIHTC) fund.
Roundtable explores historical precedent and lender relationships by Andrea Zander | Nov 3, 2023 During a recent virtual roundtable conducted by Institutional Real Estate, Inc., where institutional investors, consultants, and investment managers converged, moderated by Chase McWhorter, managing director, Americas, one participant emphasized the importance of historical precedent when describing the current environment.
Equity Group Investments partners with CraneWorks by Released | Nov 3, 2023 Equity Group Investments as made an investment in CraneWorks.
EPIC OZ Fund I LP launches, targeting $180m in commitments by Released | Nov 3, 2023 EPIC OZ Fund I, a women-led opportunity zone fund, has launched.
ADIA acquires 40% stake in Landmark Dividend by Andrea Zander | Nov 2, 2023 A wholly owned subsidiary of the Abu Dhabi Investment Authority has plans to acquire a 40% stake in Landmark Dividend.
Sequoia Financial Group launches new family office business by Andrea Zander | Nov 2, 2023 Sequoia Financial Group has launched Sequoia Sentinel, a boutique family office, which will service ultra-high-net-worth individuals and families.
Data management for CRE investors, developers and lenders by Lewis Dayton | Nov 2, 2023 There’s no question that data sourcing and management is increasingly becoming an invaluable component of CRE and infrastructure decision making.
Implications for commercial real estate as Fed keeps rates steady by Lewis Dayton | Nov 2, 2023 Inflation remains notably above the Fed’s stated two percent target, as core inflation rose 0.3 percent in September and had risen 4.1 percent during the preceding 12 months.
Argosy Real Estate Partners V holds final close with $472m of capital by Lewis Dayton | Nov 2, 2023 Argosy Real Estate Partners has held a final close for Argosy Real Estate Partners (AREP) V and its parallel funds, after raising $472 million in capital, surpassing its $400 million fundraising target.
KKR to inject $400m in subsea cable provider OMS Group by Kali Persall | Nov 1, 2023 KKR is investing $400 million in a tailored solution for OMS Group, a telecom infrastructure company and provider of subsea cable services.
Institutional target allocations to real estate remain flat for the first time since 2013 by Andrea Zander | Nov 1, 2023 Institutional target allocations to real estate have remained flat for the first time in 10 years, at 10.8 percent.
PCCP provides $252m of construction financing for development of three industrial buildings totaling 2.15msf by Released | Nov 1, 2023 PCCP has provided $252.3 million of construction financing to a joint venture.
Vanderbilt’s endowment posts 2% loss for fiscal year by Lewis Dayton | Nov 1, 2023 Vanderbilt University’s endowment, with a market value of $9.7 billion, posted a 2.0 percent loss for the fiscal year that ended on June 30.
Deer Park Road launches fund-focused on Legacy, non-agency RMBS by Released | Nov 1, 2023 Deer Park Road Management Co. has launched a closed-end fund.
Blackstone makes health care foray in India, acquires Energy Exemplar by Andrea Zander | Oct 31, 2023 Blackstone has plans to acquire a controlling stake in two South-based hospital chains in India.
