Evelyn Lee
The San Francisco-based real estate firm is said to be oversubscribed for its fourth fund, which will focus on the acquisition and repositioning of multifamily properties.
The $5.31 billion open-ended real estate fund plans to develop a 165-unit high-rise apartment building in New York City.
A challenging fundraising environment is separating the “haves” from the “have nots” among fund managers, but capital raisers can still attract investors if they play their cards right, according to a group of panellists at the PERE Forum in New York.
With the completion of CBRE Group’s takeover of ING REIM, the Los Angeles-based real estate investment management firm is poised to ramp up investment activities in targeted areas worldwide.
The Sao Paulo-based real estate investment management firm has reached its hard cap for its second real estate fund.
Following its $4 billion first close in August, the New York-based alternative asset manager is said to be holding an additional close of up to $700 million this week on its latest global real estate fund.
The Toronto-based pension fund is ramping up its US real estate activities as part of its plan to invest $10.5 billion over the next five years.
The Toronto and New York-based alternative asset manager has continued its expansion of its European team with the hire of the former Jones Lang LaSalle head of indirect investment.
Accounting and consulting firm Ernst & Young has found that growing pressure from limited partners is leading to a shakeup in deal terms – particularly with regard to management fees, carried interest and returns.
Industry veteran Alan Bear has joined the San Diego-based multifamily real estate operator as senior vice president.