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...
Bloomberg AvalonBay Communities and Equity Residential are reportedly in talks about a potential merger of the two major apartment REITs Should a deal occur, the combined entity would be the largest apartment owner in the country with 183,482 units...
Chatham Financial has struck a deal to acquire Hodes Weill & Associates, broadening its service offerings to the investor community The acquisition is slated to be completed by the end of June, with Hodes Weill’s co-founders David Hodes...
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,...
Blue Owl Real Estate Capital Inc has agreed to buy Sila Realty Trust Inc, a Tampa, Fla, REIT that owns 137 net-leased healthcare properties, for $3038/share, valuing the deal at $235 billion, after the assumption of debt...
Digital Realty Trust Inc has raised $325 billion of equity commitments for its first-ever commingled investment fund that specifically targets data centers The fund, Digital Realty DC Partners NA Fund, which was launched early last year, has...
Federated Hermes Inc has purchased an 80% stake in multifamily investment manager FCP for $331 million, including $92 million in a potential earnout payment The acquisition sharply expands real estate as an asset class for Federated Hermes, a...
Commercial Real Estate Direct Staff Report Whitestone REIT, which owns 56 community shopping centers with 49 million square feet in Texas and Arizona, has struck a deal to be acquired by Ares Real Estate Management for $19/share in cash, or $994...
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...
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