Cove Capital Investments launches new opportunistic real estate fund by Kali Persall | Apr 12, 2023 Cove Capital Investments, a private equity real estate firm and DST sponsor company, has launched a new opportunistic real estate fund, Cove Opportunistic Fund 75.
Waterfall Asset Management closes real estate fund at $485m by Kali Persall | Apr 12, 2023 Waterfall Asset Management, a global alternative investment adviser, has wrapped up fundraising for its closed-end real estate fund.
Senior housing occupancy increases for seventh consecutive quarter by Kali Persall | Apr 12, 2023 The senior housing occupancy rate increased 0.3 percentage points from 82.9 percent in the fourth quarter of 2022 to 83.2 percent in the first quarter of 2023, according to data from NIC MAP Vision released by the National Investment Center for Seniors Housing & Care (NIC).
Jorge Fernandez joins Institutional Real Estate, Inc. as managing director, infrastructure by Released | Apr 12, 2023 Institutional Real Estate, Inc. (IREI) announced today that Jorge Fernandez has joined IREI as managing director of infrastructure.
Blackstone closes latest global real estate fund at $30.4b by Kali Persall | Apr 11, 2023 Blackstone has closed its latest global real estate fund, Blackstone Real Estate Partners X (BREP X), with $30.4 billion of capital commitments — the largest real estate or private equity drawdown fund ever raised.
Carmel Partners closes its largest fund to date at $1.58b by Kali Persall | Apr 11, 2023 Carmel Partners, a specialist in real estate investment management focused on U.S. multifamily development, renovation and debt investments, has completed the final closing of its Carmel Partners Investment Fund 8.
Vesper Energy upsizes credit facility to fund critical solar projects by Kali Persall | Apr 11, 2023 Vesper Energy, a developer, owner and operator of utility-scale renewable energy assets, has upsized its existing letter of credit (LC) facility from $140 million to $200 million.
S2G launches $300m fund focused on social, environmental impact by Kali Persall | Apr 11, 2023 S2G Ventures (S2G), a multi-stage investment firm focused on the food, agriculture, ocean and clean-energy markets, has launched a $300 million special opportunities fund to provide flexible financing for companies focused on creating positive long-term social and environmental impact.
USD Partners sells Casper rail terminal for $33m by Kali Persall | Apr 11, 2023 USD Partners, a wholly owned subsidiary of USD Partners, has closed the sale of the Casper (Wyo.) rail terminal to South 49 Holdings, a member of the Midstream Energy Partners group of companies, in a $33 million cash sale.
How low can the CRE market go? by Larry Gray | Apr 10, 2023 In the span of a week, reports from two investment managers highlighted the current market uncertainty — and the variance of potential outcomes — surrounding U.S. commercial real estate.