capital formation

The journey may have been long, but commercial real estate debt is now ingrained in institutional portfolios.

New chief executive eyes more $50m-plus and multi-property deals.

Varde Partners and Hawkins Way Capital are set to deploy more than $1bn into value-added and distressed hospitality and residential assets.  

The real estate investment arm of Prudential attracted first-time limited partners to the fund partly on strong past performance.

The Toronto-based firm has attracted $4bn in commitments from more than 50 investors for Brookfield Real Estate Finance Fund VI, twice as much as the second-biggest debt fund.

The partnership will allow the Los Angeles-based lender to expand its lending and fundraising platforms.

Lenders need to work better with data in order to drive operational efficiencies, says Mike Sroka, CEO of Dealpath, a San-Francisco-based deal management platform for commercial real estate debt and equity investors.

The Denver company sees more liquidity for larger one-off transactions and portfolio deals.

Mutual funds and ETFs can offer a liquidity sleeve for institutional investors.

The firm recently formed a programmatic joint venture with Ivanhoé Cambridge for middle market preferred equity deals.