Preqin
Elion Partners Closes $500M Industrial Fund
Real Estate Fund V has already deployed 60 percent of its equity commitments in coastal markets.
Rockpoint Group Raises $5.8B in Opportunistic Funds
Rockpoint Real Estate Fund VI and Rockpoint Growth and Income Real Estate Fund III completed their final closes, with contributions from investors of $3.8 billion and $2 billion, respectively.
Blackstone Pursues Multibillion CRE Fund
The investment management giant is planning to raise $5 billion for its latest real estate debt fund.
Korean Fund Manager Provides $126M Loan for Toronto Hotel
Princes Gates Hotel LP, owner of Hotel X Toronto, will use the funds to refinance the newly opened, 404-key lodging destination.
Blackstone Sells NYC Office Tower for $640M
The company found a buyer for the 683,000-square-foot 5 Bryant Park in Midtown Manhattan with the assistance of JLL and HFF. JLL also arranged $463 million in acquisition financing.
The Accelerated Growth of Private Debt Funds
Debt funds are filling the gap left by banks and other regulation-constrained lenders. As dry powder stacks up in a mature cycle, where will fund sponsors place their capital?