KKR & Co. has completed capital-raising for its second CMBS B-piece investment vehicle, raising $950 million of commitments. The fund, KKR Real Estate Credit Opportunity Partners II, already has completed nine investments and has circled the risk-retention bonds of a ...
Commercial Real Estate Direct Staff Report Blackstone Group has decided to liquidate an investment fund it had launched in 2013 to invest in real estate debt securities, including CMBS, collateralized loan obligations, mortgages and mezzanine loans. It also had invested ...
Crains New York Business A venture led by HFZ Capital Group has launched a fund to buy shares in publicly-traded REITs that have been impacted by the coronavirus pandemic. HFZ, a New York developer, and other partners provided $50 million ...
Commercial Real Estate Direct Staff Report Brasa Capital Management, a two-year-old investment manager that traditionally has focused on making equity investments in properties, has completed capital-raising for its initial credit fund, allowing it to originate mezzanine debt, purchase loans ...
Cardone Capital is seeking to raise $50 million of equity commitments for its latest vehicle, Cardone Equity Fund IX, which will target distressed apartment properties in the southeastern United States. The Aventura, Fla., investor is led by Grant Cardone, who ...
Commercial Real Estate Direct Staff Report CARROLL, the former Carroll Organization, which rebranded itself last year, has raised $125.2 million for its latest investment vehicle, making it the Atlanta investment manager's largest fund ever. The vehicle, Carroll Multifamily Venture VI LP, ...
Commercial Real Estate Direct Staff Report Heitman Capital Management has topped the $8 billion threshold for its Heitman America Real Estate Trust open-ended investment fund. The Chicago investment manager had launched the fund in 2007 to invest in stabilized properties. ...
Sculptor Capital Management, the former Och-Ziff Capital Management, has raised $2.6 billion of investor commitments for its latest opportunistic real estate investment fund. The vehicle, Sculptor Real Estate Fund IV LP, is a successor to Fund III, through which the ...
Houston Business Journal Construction is underway on a 116,500-square-foot medical-office building in Houston. Healthpeak Properties Inc. is developing the five-story property at 7500 Fannin St. It already is 36 percent preleased and will include a parking garage that's being built ...
Banyan Residential, a Los Angeles investment firm formed last year to develop apartments in opportunity zones, is now pursuing existing properties to buy as construction financing has become harder to obtain.
Rockpoint Group has raised $3.8 billion of equity commitments for its latest opportunistic and value-add fund, well exceeding its $3 billion target. The Boston investment manager had launched capital raising for the vehicle, Rockpoint Real Estate Fund VI LP, at the ...
Bell Partners last month completed a $950 million capital raise for its seventh apartment investment fund, exceeding its target of $800 million of equity commitments. Making new investments in the current climate could prove a challenge as sellers aren't willing ...
Velocis has raised roughly $150 million of a targeted $300 million for its third fund, which will target office and medical-office properties in major United States markets. While the fund, Velocis Fund III, has completed its first investment, it likely ...
Commercial Real Estate Direct Staff Report AEW Capital Management has raised just more than $300 million of a targeted $750 million for its latest opportunistic investment fund. The fund, AEW Partners Real Estate Fund IX LP, would be a follow-up ...
Commercial Real Estate Direct Staff Report Nuveen Real Estate so far has raised $1.1 billion for an open-ended investment vehicle that would fund mortgages against commercial properties with a value-add component. The investment manager, formerly TH Real Estate, has some ...
Fundamental Income, which last year launched an exchange-traded fund that invests in net-leased REITs, has received a $500 million equity infusion from an affiliate of Brookfield Asset Management, allowing it to pursue investments in net-leased properties. Fundamental Income was launched ...
Commercial Real Estate Direct Staff Report A total of 51 real estate funds raised $18 billion during the first quarter, according to Preqin. That compares with just more than $20 billion raised during last year's fourth quarter and the $51 ...
Ventas Inc. has raised $819 million for Ventas Life Science and Healthcare Real Estate Fund LP, an open-ended fund that would invest in life-science, medical office and seniors-housing properties in North America. The Chicago REIT, which specializes in properties leased ...
Westbrook Partners has raised $2.5 billion of equity commitments for its latest value-add investment fund. The vehicle, Westbrook Real Estate Fund XI, is a follow-up to Fund X, which had raised $2.85 billion in 2016.
PGIM Real Estate has raised $996 million of equity commitments for its Senior Housing Partners VI vehicle, making it the largest of the investment manager's six funds targeting the seniors-housing sector. PGIM, the investment management arm of Prudential Financial, with ...
Commercial Real Estate Direct Staff Report Real estate fund sponsors raised a record $151 billion of equity capital last year, according to a preliminary tabulation by Preqin, increasing assets under management in the sector to $992 billion. The flood of ...
Commercial Real Estate Direct Staff Report JCR Capital is more than halfway towards the $350 million capital-raising target for a fund that pursues core and core-plus investment opportunities in workforce-housing properties. The Denver investment manager launched the vehicle, JCR Capital ...
Electra America has raised about $400 million of a targeted $600 million of equity commitments for its third apartment investment fund and already has set plans in place to launch a follow-up vehicle.
Commercial Real Estate Direct Staff Report JRK Property Holdings, which is best known for its apartment portfolio, has raised $350 million for an investment fund dedicated to buying hotels. The vehicle, JRK Hospitality Fund I LP, is the seventh for ...
The Prescott Group, a Dallas real estate investment manager, has raised $63.4 million of equity commitments for its first investment fund that is pursuing property acquisitions and debt investments throughout the United States. The vehicle, Prescott Strategies Fund I, already ...
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© 2023 Commercial Real Estate Direct All rights reserved.