For the first time in a decade, institutional investors didn't increase their target allocations to real estate this year, leaving them flat at a weighted average 108 percent of total assets The expectation is that allocations would remain flat...
Boston Financial has raised $164 million for its latest low-income housing tax credit fund, the company’s second multi-investor tax-credit fund this year The latest vehicle, Boston Financial Institutional Tax Credits 59 LP, was capitalized by...
Bloomberg Ares Management Corp has raised $66 billion of equity commitments for its Pathfinder Fund II, which will target investments in bank loans, including those against credit cards, real estate and automobiles The New York investment manager is...
Inland Real Estate Investment Corp, among the grand-daddies of the non-traded REIT business, has launched capital-raising for IPC Alternative Real Estate Income Trust Inc, through which it is aiming to raise up to $125 billion It will target...
The Public Officials Benefit Association, a Seoul, South Korea, pension fund, has made a $100 million capital commitment to 3650 REIT’s bridge and event-driven, or BED, lending strategy The commitment will allow the Miami alternative lender to...
Basis Investment Group has made a $100 million preferred-equity and limited-partner equity investment in a proposed two-building apartment project with 614 units that is being developed at 1200 Normandy Place in the Navy Yards area of Philadelphia...
TA Realty has raised $18 billion for its latest value-add fund, well exceeding the $125 billion it had targeted when it launched the vehicle early last year The fund, TA Realty Value-Add Fund XIII, will pursue opportunities primarily in the...
Longpoint Realty Partners has raised $940 million of equity commitments for its latest investment fund, which will pursue industrial properties in major markets throughout the country The Boston investment manager well exceeded the $750 million...
The average quarterly cost to insure an apartment unit throughout the county was $180 during the second quarter, up 33 percent from a year ago, according to Marcus & Millichap When compared to five years ago, insurance costs are up 140 percent from...
Regent Properties, a Los Angeles investment manager with $23 billion of properties in the Sunbelt region, has launched a credit platform, through which it will provide senior and mezzanine loans and make preferred equity investments in apartment,...
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