capital markets

The minority-owned emerging manager is raising $500m for a strategy that seeks to keep 'struggling families' in their homes and find 'hidden alpha'.

Property finance was on the agenda during week one of the 29th session of the Conference of the Parties to the United Nations Framework Convention.

The median real estate manager could beat private equity returns by 20 basis points over the next decade, he said at PERE Network’s America Forum.

The London-based investment management company is seeking a cornerstone investor for its US-focused lending venture with Quadrant Real Estate.  

The firm anticipates another capital closing before year-end and then a final close late in the first quarter.

The partners see potential to originate loans on high-quality office properties around the US. 

Real estate sponsors are sharpening their focus on asset management as operating costs keep the pressure on. 

In a newly published white paper, the New York-based advisory company cites the costs of scaling lending platforms, the impact of more complex capital structures, and a rise in specially serviced loans. 

The Fed’s recent rate cut is not expected to significantly move the needle for commercial real estate lenders and borrowers, but provides and indicator of stability.

The index was at 23.71% in July, compared with 23.25% in June and 22.91 percent in May.