Lauren Hochfelder and Brian Niles are taking over leadership of a real estate business that is very different from the one they joined.
Following its 2019 restructuring, the bank’s real estate business has been making a hard push to catch up in real estate equity fundraising.
While other banks exited the space, Morgan Stanley and Goldman Sachs stayed the course and restored their credibility in private real estate.
The South Korean pension issues a RFP for local RE debt managers.
Amid rising uncertainty, institutional investors are moving towards defensive sectors like industrial, according to James Jacobs, head of real estate for Lazard’s private capital advisory group.
Institutional real estate investors are still focused on prime locations, but the office might look different going forward.
The methodology for the Global Investor 100 ranking.
In the magazine: How Goldman Sachs and Morgan Stanley rebuilt their real estate credibility; Retail enters an age of flexibility; Blackstone’s Jonathan Pollack on navigating volatility; Plus much more…
In the magazine: The Global Investor 100 – PERE’s ranking of real estate’s biggest investors; How they are responding to today’s trends in the asset class; Plus expert comment from Macquarie Asset Management…
The US public pension has committed a total of $150m to Bain Capital and Blackstone.