Capital Formation

The Boston-based manager, which has exclusively raised overseas capital to date, expects to add US investors with its next capital raise.

Richard Kleinman, LaSalle’s Americas co-CIO, instead expects market selection to become an increasingly important factor in performance.

Patrizia senior portfolio manager Falvio Casero said the tool was a primary reason for the firm’s ability to close deals this year.

The narrative of the private real estate market in 2022 changed with the seasons. A year starting with record deals was then impacted by war, inflation and recession, and finished in a deep freeze.

Senior executives at the New York- and Miami-based mega-managers respond to escalating scrutiny of their private REITs after both reached redemption limits.

The San Francisco-based capital advisory firm is targeting strategic capital investments in real estate managers.

The firm, a unit of Neuberger Berman, has acquired a minority ownership interest in the Austin-based alternative real estate manager.

Speakers at the PERE America Summit 2022 have differing perspectives on how much pain is in store for the industry.

The Toronto-based firm’s BSREP IV is only the third mega-fund and the first vehicle to close above $10bn this year.

The West Palm Beach, Florida-headquartered manager raised approximately one-third of the $632m fund in the last four months, even amid increased capital markets volatility.