Evelyn Lee
Through the transaction, Regency Centers will be exiting the remaining investments in its open-ended retail real estate fund.
The New York-based private equity and real estate firm's planned $2.7 billion apartment acquisition from GE Capital will provide the critical mass needed to build its latest property business.
Timothy Walsh, who has overseen investments for the $74.30 billion pension plan for three years, will be joining a real estate fund manager to help build up its North America business.
REIT manager Cohen & Steers and its private equity real estate team were an unlikely pairing from the get-go. But various factors made it impossible for them to stay together.
The New York-based private equity real estate firm’s latest capital raise far exceeded its initial target, and is equal in size to its previous two funds combined.
The publicly-traded real estate business of the Toronto-based alternative asset management firm has agreed to buy Industrial Development International for $1.1 billion, marking its second industrial platform investment in as many months.
The Los Angeles-based private equity firm is on track to raise its largest property fund yet, with its latest vehicle close to surpassing the equity haul of its $1.3 billion predecessor. The investment manager expects to close both its real estate opportunity and debt funds above target by year’s end.
The largest US insurer has landed one of its biggest mandates under its newly created real estate investment platform, MetLife Real Estate Investors.
Alison Hawkins, who previously raised capital for the first-time real estate fund manager, will now be taking on a similar role at one of the world’s largest real estate investment management platforms.
The Boston-based private real estate firm has agreed to sell the entire portfolio of its third property fund to Liberty Property Trust for $1.475 billion.