REAL ESTATE
Angelo, Gordon & Co. closed its latest real estate fund, the $2.75 billion AG Realty Value Fund X, exceeding its $2.5 billion target.
Tareck Safi was named managing director and head of real estate debt in Europe at H.I.G. Realty Partners.
It will be easier to invest in businesses and real estate in low-income communities throughout the U.S. now that rules were released on opportunity zones.
Madison Realty Capital announced the closing of its $1.13 billion Madison Realty Capital Debt Fund IV.
Clarion Partners has acquired a majority stake in European real estate firm Gramercy Europe, adding $16 billion in AUM.
Andy Sands has joined real estate manager Carmel Partners as a managing partner and head of asset management and portfolio strategy.
Manufactured housing, once a neglected sector of the real estate market, is starting to pop up on the radar of real estate managers.
Carmel Partners has closed its latest U.S. multifamily real estate fund at its $1.28 billion hard cap.
Real estate and infrastructure are expected to remain the most popular of all the real asset sectors in 2019.
Higher interest rates could cause some investors to shift to fixed-income alternatives from real estate, but any such shift would be slow.