Peter Benson
The Dallas-based manager has formed a JV with a global sovereign wealth fund to acquire around $750m in additional assets.
The Dallas-based manager is seeing more higher-risk, higher-return opportunities for its largest-ever US non-core real estate fund.
The New York-based manager hired a former Heitman executive almost a year after Matt Brody left the role.
The $12.4bn raised in Q1 2023 is the lowest first quarter total recorded.
Two key trends in fund formation are driving the market today: a flight to quality and a focus on debt.
The New York-based manager previously had invested as much as 18% of a fund’s capital with prior vehicles in the series.
Blackstone's president and chief operating officer considers real estate debt to be ‘an area of growth' for the firm.
The firm cited the denominator effect and negative sector sentiment as key challenges in raising capital for its creative office strategy.
Virginia makes new commitments to two real estate funds.
The industry veteran is joining the New York-based credit shop as it closes its first institutional private fund.