Private Equity Fundraising Nose-Dives To 11-Year Low
REITs and private equity firms struggled to fundraise last year, leading to near-record lows in the sector.
REITs and private equity firms struggled to fundraise last year, leading to near-record lows in the sector.
Bisnow caught up with real estate sustainability vet Deb Cloutier to talk about how sustainability has ebbed and flowed in the sector throughout the years.
The honorees span the industry, from brokers to developers and lawyers to bankers, and will come together for an awards ceremony and cocktail reception Dec. 12.
Google opts to move out of One Market Plaza, part of a trophy office building in downtown San Francisco.
The nontraded REIT paid out more than $2.8B in dividends over 2023 but only brought in $2.7B in cash flow.
The move comes after the nontraded REIT recorded its worst year for annual returns in 2023.
Hines is moving into new sectors in the UK, driven by supply-demand dynamics.
Blackstone Real Estate Income Trust's returns fell well short of the 5% annual gain mark that would enable it to take a share of profits.
ElmTree Funds, Fortress Investment Group and Morgan Stanley are in various stages of gearing up to sell stock in new REITs not linked to the larger market.
Wesley LePatner will take over the $56B nontraded REIT after CEO Frank Cohen retires at the end of the year.
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