Blank-check companies might be on their way back So far this year, 20 SPACS have been launched targeting just more than $48 billion through their initial public offerings Among them is Cantor Fitzgerald & Co, which might end up targeting a real...
Meadow Partners has made a $62 million preferred equity investment in the 51 Astor Place office building in Manhattan’s Midtown South submarket The 386,000-square-foot property is owned by a venture of Edward J Minskoff Equities and the...
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...
Manulife Investment Management has formed a venture with TruAmerica Multifamily that will target $1 billion of investments in Affordable-housing properties The venture, Anchor Point Residential, will focus on the acquisition of general partnership...
Advanced Real Estate, a 45-year-old company that invests in multifamily properties in Southern California on behalf of its investors, has developed an innovative alternative to tax-deferred exchanges...
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...
Commercial Real Estate Direct Staff Report Matthew Ferrari, who joined TruAmerica Multifamily in 2016 to oversee the Los Angeles investment manager’s national expansion, has left the company to form PXV Multifamily, through which he plans to...
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...
Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
