The real estate manager has hired Isabelle Brennan from M&G and Michelle Liu from CIT to expand its debt platforms on both sides of the Atlantic.
PERE’s latest ranking of the largest real estate debt fund managers shows covid-19 has been no obstacle for the asset class.
After announcing plans to privatize its listed real estate platform earlier this year, the firm will now try to raise its biggest private fund ever.
With nearly $8bn raised last quarter, open-end vehicles accounted for 90% of real estate capital inflows for Blackstone – and it sees room for further growth.
The Toronto-based alternative asset manager will now expand its product offerings stateside following the take-private transaction.
The Toronto-based alternative asset manager will now expand its product offerings stateside following the take-private transaction.
The Canadian pension investor’s expansion efforts including doubling its lending book in the coming years.
The private equity firms’ large bet on the hotel owner and operator speaks to the faster-than-expected rebound in the sector, but its pricing remains a point of contention.
The New York-based private equity firm’s CIREP V marks the second higher-risk, higher-return property fund closing to be announced in a week.
Martin McGann, finance director of the UK logistics REIT, says the company’s latest financing diversifies its funding sources and provides long-dated capital.