Evelyn Lee
The heightened risk of conflict around the world is creating major shifts in real estate capital flows.
The Boston-based firm's co-founder gave four reasons why ‘this has been the toughest fundraising environment in our 30-year history.’
The banking giant's CFO said the firm ‘made substantial progress’ in selling down its commercial real estate balance sheet portfolio in 2023.
Private real estate’s biggest firms - Blackstone, UBS and Partners Group among them - have clear reasons for needing more people at the top.
Anne Valentine Andrews’ exit follows those of all three of the firm’s regional real estate heads over the past two years.
Changing market conditions will make it easier to meet IRR thresholds and get transactions done, says Colliers research director Aaron Jodka.
Four of our most memorable commentaries this year tracked the trajectory of the private real estate industry from its rocky start to a more stable finish.
At the same time, head of real estate Julie Donegan expects 2024 to be ‘a great vintage year to be investing in new transactions.’
Having capital to redeploy into new opportunities has been a major challenge for all types of institutions, delegates heard at PERE America.
For the first time in the fund series’ history, the private investment firm will target a sizable allocation to data centers.