Private equity real estate

CapitaLand Investment raises additional S$1.3 billion third-party equity commitment for its private funds

Retrieved on: 
Friday, August 11, 2023

SINGAPORE, Aug. 10, 2023 /PRNewswire/ -- CapitaLand Investment Limited (CLI) has successfully secured about S$1.3 billion (US$950 million[1]) equity commitment from global institutional investors for three of its private funds recently, bringing its total equity raised to S$3.2 billion[2] to date this year.

Key Points: 
  • SINGAPORE, Aug. 10, 2023 /PRNewswire/ -- CapitaLand Investment Limited (CLI) has successfully secured about S$1.3 billion (US$950 million[1]) equity commitment from global institutional investors for three of its private funds recently, bringing its total equity raised to S$3.2 billion[2] to date this year.
  • This amount raised within eight months is a 28% increase compared with the S$2.5 billion of equity raised for the full year 2022.
  • We will also pursue opportunities to grow our private funds across new economy and alternative asset classes," added Mr Treacy.
  • As at 30 June 2023, CLI's private funds' FUM stands at S$29 billion, a 12% increase compared with the S$26 billion in 1H 2022.

PSP Investments posts 4.4% return in fiscal year 2023, demonstrating resilience and outperforming markets in a challenging environment

Retrieved on: 
Wednesday, June 7, 2023

Fixed Income ended the fiscal year with a net AUM of $45.0 billion, an increase of $4.3 billion from the end of fiscal year 2022.

Key Points: 
  • Fixed Income ended the fiscal year with a net AUM of $45.0 billion, an increase of $4.3 billion from the end of fiscal year 2022.
  • During fiscal year 2023, Mr. Oliver Duff was promoted to Senior Vice President, Global Head of Credit Investments and became a member of PSP Investments' Executive Committee.
  • In addition to delivering resilient performance, PSP Investments continued to advance its strategic objectives during the fiscal year.
  • During fiscal year 2023, existing PSP Investments senior management members have taken on expanded responsibilities.

PSP Investments posts 4.4% return in fiscal year 2023, demonstrating resilience and outperforming markets in a challenging environment

Retrieved on: 
Wednesday, June 7, 2023

Fixed Income ended the fiscal year with a net AUM of $45.0 billion, an increase of $4.3 billion from the end of fiscal year 2022.

Key Points: 
  • Fixed Income ended the fiscal year with a net AUM of $45.0 billion, an increase of $4.3 billion from the end of fiscal year 2022.
  • During fiscal year 2023, Mr. Oliver Duff was promoted to Senior Vice President, Global Head of Credit Investments and became a member of PSP Investments' Executive Committee.
  • In addition to delivering resilient performance, PSP Investments continued to advance its strategic objectives during the fiscal year.
  • During fiscal year 2023, existing PSP Investments senior management members have taken on expanded responsibilities.

Existing-Home Sales Slid 2.4% in March

Retrieved on: 
Thursday, April 20, 2023

Existing-home sales edged lower in March, according to the National Association of Realtors®.

Key Points: 
  • Existing-home sales edged lower in March, according to the National Association of Realtors®.
  • Month-over-month sales declined in three out of four major U.S. regions, while sales in the Northeast remained steady.
  • “Home sales are trying to recover and are highly sensitive to changes in mortgage rates,” said NAR Chief Economist Lawrence Yun.
  • Distressed sales[5] – foreclosures and short sales – represented 1% of sales in March, nearly identical to last month and one year ago.

NAR Partners with the CCIM Institute on C5 + CCIM Global Summit in September

Retrieved on: 
Wednesday, April 19, 2023

Washington, D.C., April 19, 2023 (GLOBE NEWSWIRE) -- The National Association of Realtors® and the CCIM Institute have joined forces to present the C5 + CCIM Global Summit , the nation’s premier commercial real estate and economic development event.

Key Points: 
  • Washington, D.C., April 19, 2023 (GLOBE NEWSWIRE) -- The National Association of Realtors® and the CCIM Institute have joined forces to present the C5 + CCIM Global Summit , the nation’s premier commercial real estate and economic development event.
  • “We’re excited to partner with the CCIM Institute on the C5 + CCIM Global Summit and look forward to bringing together the best and brightest in commercial real estate to Atlanta this fall,” said NAR President Kenny Parcell, a Realtor® from Spanish Fork, Utah, and broker-owner of Equity Real Estate Utah.
  • ChatGPT & AIE in CRE: The Future Is Here, Let’s Embrace It Together
    “The C5 + CCIM Global Summit will bring together some of the most influential commercial real estate leaders.
  • Registration is now open for the C5 + CCIM Global Summit.

Middle-income Homeowners Gained More Than $120,000 in Wealth Over the Past Decade From Home Appreciation, According to NAR

Retrieved on: 
Tuesday, April 18, 2023

Black homeowners experienced the smallest wealth gains among all racial/ethnic groups but were able to accumulate more than $115,000 in wealth in the last decade.

Key Points: 
  • Black homeowners experienced the smallest wealth gains among all racial/ethnic groups but were able to accumulate more than $115,000 in wealth in the last decade.
  • The report, Wealth Gains by Income and Racial/Ethnic Group , speaks to the value agents and Realtors® bring to consumers when helping buy and sell homes that build generational wealth.
  • NAR released the report during its 2023 Realtor® Broker Summit as the association commemorates Fair Housing Month.
  • Along with the wealth gains accumulated in the last decade, homeowners also saw their debt drop by 21%.

Existing-Home Sales Receded 1.5% in December

Retrieved on: 
Friday, January 20, 2023

Distressed sales [5] – foreclosures and short sales – represented 1% of sales in December, virtually unchanged from last month and one year ago.

Key Points: 
  • Distressed sales [5] – foreclosures and short sales – represented 1% of sales in December, virtually unchanged from last month and one year ago.
  • NAR benchmarks home sales periodically using other sources to assess overall home sales trends, including sales not reported by MLSs.
  • Historic comparisons for total home sales prior to 1999 are based on monthly single-family sales, combined with the corresponding quarterly sales rate for condos.
  • [5] Distressed sales (foreclosures and short sales), days on market, first-time buyers, all-cash transactions and investors are from a monthly survey for the NAR’s Realtors® Confidence Index , posted at nar.realtor.

Existing-Home Sales Dipped 7.7% in November

Retrieved on: 
Wednesday, December 21, 2022

Distressed sales [5] – foreclosures and short sales – represented 2% of sales in November, virtually unchanged from last month and one year ago.

Key Points: 
  • Distressed sales [5] – foreclosures and short sales – represented 2% of sales in November, virtually unchanged from last month and one year ago.
  • NAR benchmarks home sales periodically using other sources to assess overall home sales trends, including sales not reported by MLSs.
  • Historic comparisons for total home sales prior to 1999 are based on monthly single-family sales, combined with the corresponding quarterly sales rate for condos.
  • [5] Distressed sales (foreclosures and short sales), days on market, first-time buyers, all-cash transactions and investors are from a monthly survey for the NAR’s Realtors® Confidence Index , posted at nar.realtor.

A&R Group Announces Securing Over $100 Million For Regional Alabama Developments

Retrieved on: 
Thursday, September 22, 2022

GULF SHORES, Ala., Sept. 22, 2022 /PRNewswire/ -- A&R Group, located in Gulf Shores, Alabama, is proud to announce that it has reached a high-water mark in its 25-years of operations.

Key Points: 
  • GULF SHORES, Ala., Sept. 22, 2022 /PRNewswire/ -- A&R Group, located in Gulf Shores, Alabama, is proud to announce that it has reached a high-water mark in its 25-years of operations.
  • During the second quarter of 2022, A&R sought to secure $150 million in capital, and as of the end of August 2022, A&R closed on over $50 million in invested equity capital and over $60 million in refinanced senior loans.
  • As a premier lodging industry organization, A&R is comprised of vertically integrated and turn-key entities for the development, design, construction and operations of high-value hotel assets.
  • A&R is a Private Equity Real Estate organization that is fully backed by well-known financial institutions and accredited investors.

Boston Business Journal Names Risk Strategies a Middle Market Leader

Retrieved on: 
Wednesday, March 16, 2022

Risk Strategies ranked 6 on the list which was revealed during the BBJs 2022 Middle Market Leader Awards luncheon event on March 16 at the Boston Park Plaza Hotel.

Key Points: 
  • Risk Strategies ranked 6 on the list which was revealed during the BBJs 2022 Middle Market Leader Awards luncheon event on March 16 at the Boston Park Plaza Hotel.
  • Risk Strategies was also honored with the Middle Market Dealmaker of the Year award in recognition of the 32 acquisitions the firm completed in 2021.
  • Founded in 1997 in Boston, Risk Strategies provides comprehensive risk management advisory services, insurance and reinsurance services for Property & Casualty, Employee Benefits and Private Client Services risks.
  • We are pleased that our firms incredible story of ongoing success and growth has been recognized by the Boston Business Journal, said John Mina, CEO of Risk Strategies.