Institutional real estate funds that were raised between 2019 and 2021 so far have returned 1519% of the cash their investors plowed into them, according to Preqin Distributions to paid-in capital, or DPI, varies across strategies and fund...
S3 Capital has completed capital raising efforts for its latest debt fund, S3 LP RE Credit Fund III The New York investment manager raised a total of $132 billion, with $465 million of that through a co-investment vehicle The closed-end fund, with a...
A Principal Financial investment vehicle has paid $156 million for 5217 Village Creek Drive, a former assisted-living facility in Plano, Texas, that's being converted into an addiction treatment facility The investment is the third for the vehicle,...
Carmel Partners has raised $135 billion of commitments for its latest investment vehicle, Carmel Partners Investment Fund 9 The fund is a follow-up to Fund 8, through which the San Francisco investment manager raised $15 billion in 2023 It already...
Commercial Real Estate Direct Staff Report Realty Income Corp, which launched its debut commingled fund last year, has raised $15 billion from more than 40 investors for the open-ended vehicle, Realty Income US Core Plus Fund LP The fund, which...
Eastham Capital has raised $160 million of a targeted $500 million for its latest multifamily investment fund The vehicle, Eastham Capital Fund VII, targets value-add multifamily properties with 100 or more...
Benefit Street Partners has raised $3 billion of investor commitments for a follow-up real estate credit fund, BP Real Estate Opportunistic Debt Fund II The fund is a follow-up to a $518 million vehicle the New York investment manager raised in 2022...
Commercial Real Estate Direct Staff Report Continental Properties Co has launched its latest investment vehicle, Real Estate Development Fund IV, with a $200 million equity-raising target The Menomonee Falls, Wis, apartment property developer would...
Institutional investors have reduced their allocations to commercial real estate for the first time in 12 years The 10-basis-point reduction, to 107%, was predicted a year...
Commercial Real Estate Direct Staff Report Bridge Investment Group Holdings has raised $215 billion of equity commitments for its latest mortgage investment fund The vehicle, Bridge Debt Strategies Fund V LP, is the fifth under the Salt Lake City...
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