Subject: Institutional Investment (INS)

Apollo Global Management has agreed to invest $1 billion in a newly created venture with Realty Income Corp. that will own roughly 500 of the REIT's retail properties.

Sound Point Capital, which originated $650 million of commercial mortgages last year, is expected to increase that to $1 billion this year.

Commercial Real Estate Direct Staff Report Realty Income Corp., which launched its debut commingled fund last year, has raised $1.5 billion from more than 40 investors for the open-ended vehicle, Realty Income U.S. Core Plus Fund LP. The fund, which ...

Blank-check companies might be on their way back. So far this year, 20 SPACS have been launched targeting just more than $4.8 billion through their initial public offerings. Among them is Cantor Fitzgerald & Co., which might end up targeting ...

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 Korean Teachers' Credit Union. ...

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 units.

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 ...

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 interests in properties funded in part through ...

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 use capital raised through the fund ...