The California pension plan’s backing of the vehicle marks its first investment with the New York-based manager.
Through a third investment in Bulk Infrastructure, the New York-based firm looks to meet demand for AI-ready data centers, says its co-CEO.
The CEO believes real estate private credit could become the biggest part of the Toronto-based manager’s global property business.
Real estate market participants do not expect a significant immediate change in debt market conditions.
With the country set to elect a new governing party for the first time in 14 years, industry executives consider the implications.
The Atlanta-based firm has invested in the niche residential strategy – one of its high-conviction themes – in the US since 2022.
The decline of the five-day commute has been a boon for suburban retail, according to the manager.
Victoria Sharpe, the UK banking group’s head of real assets, explains how the firm is building a different – and enduring – property business the second time around.
The firm, which closed $100m over its target for Fund VI, is part of a growing percentage of managers beating their fundraising goals.
Private real estate’s largest managers are maximizing their chances of fundraising success during a challenging market environment.