Home North America

North America

ACORE closes first commingled fund on $556m – Exclusive

The California-based firm secured commitments from a variety of global investors.

Madison’s CapCo investment demonstrates faith in mixing public with private

The New York-based manager says buying heavily discounted securities can be additive to a private portfolio and is not alone in its beliefs.

Can you price geopolitical risks?

Economic and political pressures are contributing to a drop in commercial real estate investment volumes. But underwriting macro-uncertainty is more art than science.

How lenders are responding to the US ‘retail apocalypse’

Although traditional debt providers have become more cautious about the stateside shopping sector, newer lenders are looking for opportunities. By Michelle Phillips

Can Blackstone’s $19bn logistics deal deliver opportunistic returns?

The private equity giant says it will lean heavily on location advantages and operational expertise to hit performance targets for its mammoth acquisition.

PERE 100: Entity deals drive the ranking’s US-heavy activity

Large-cap privatizations stateside contributed to the ranking being a net buying force last year, explains Real Capital Analytics managing director Simon Mallinson

Asian capital is pulling out of the West: JLL

The region’s real estate investors are curtailing cross-border investments as currency hedging costs rise and yields fall for trophy assets in mature overseas markets, according to the property services firm.

Recent CalSTRS deals could be a sign of things to come

Two deals executed by California State Teachers’ Retirement System in mid-May are signs of things to come as the pension takes more investment in-house. First, CalSTRS secured a majority ownership of Fairfield Residential, a California-based multifamily operating company. Then it received a second $200 million commitment from Korea’s Public Officials Benefit Association for their joint […]

Why Investcorp is buying Mercury

We don’t often see managers buying placement agents, but in this instance the rationale is clear.
pere
pere

Copyright PEI Media

Not for publication, email or dissemination