The $356bn manager’s purchase of New York-based Almanac Realty Partners also marks its largest acquisition to date.
The Salt Lake City-based firm’s fundraising for its Multifamily IV and Debt Strategies III vehicles, contributed to a strong year for capital commitments.
The pension fund, among others, is concerned about the additional risks managers in the strategy are taking in order to meet higher return targets.
As private real estate fund market consolidates, the New York manager continues to be the destination of choice for institutional capital
Bain Capital is the latest manager to target non-performing real estate loans, a strategy that has been attractive to institutional investors.
The California-based firm secured commitments from a variety of global investors.
Although traditional debt providers have become more cautious about the stateside shopping sector, newer lenders are looking for opportunities. By Michelle Phillips
Private real estate debt funds need to prove their value to investors in a more crowded and competitive market.
Jaewook Kang, managing director of Hana Financial Investment, speaks with Real Estate Capital about investment opportunities and debt liquidity across Europe.
With the addition of Oaktree, a respected credit business, Brookfield has shown how debt investing has risen to prominence post-global financial crisis and become crucial for being a global diversified asset manager, reports PERE's sister title Private Debt Investor.