With nearly $8bn raised last quarter, open-end vehicles accounted for 90% of real estate capital inflows for Blackstone – and it sees room for further growth.
Technology, innovation and the rise of the millennials are transforming commercial real estate. We explore opportunity and threats amid a global pandemic.
More than half of the capital for the California firm’s latest vehicle came from the region, much of it from first-time investors.
The Miami-based firm expects most loans in special servicing to become performing again, largely because of higher credit standards post-GFC.
The world’s largest CMBS servicer says its actual special servicing activity during the covid-19 crisis is more than what the numbers show.
The US manager has backed former Tyndaris real estate boss Clark Coffee’s new venture to capitalize on dislocation in the European lending market.
The Europe-focused private equity real estate firm has hired a team from Kennedy Wilson to invest in the world’s largest property market.
Investors committed around $5bn of capital to Blackstone Real Estate Debt Strategies IV after the end of Q1 2020.
Leniency from banks has given private real estate lenders flexibility to pass down, but leveraged investments remain a ticking timebomb.
The economic fallout from covid-19 has stoked fears of a liquidity crisis in US commercial property lending.