Home Real estate

real estate

real estate secondaries
The firm's Vintage Real Estate Partners II is the third-largest RE secondaries fund yet raised.
Real estate
Real estate secondaries volume hit a three-year high last year with $7.2bn trading.
The firm backs restructurings in private equity and private real estate, among other complex deal types.
New York
Vintage Real Estate Partners II held an interim close on $330m last year.
New York
The real estate direct secondaries firm has already invested one third of Fund VII’s capital since its launch.
The Q4 year-on-year drop from $7m to $1m is due to the run-off of legacy assets and several large fundraisings having yet to come to market, said co-chief executive Glenn Youngkin.
Real estate
Around $7.2bn worth of real estate secondaries deals closed or were placed under contract last year, according to research from Landmark Partners.
Pretium’s $1.5bn deal is one of the largest GP-led secondaries transactions recorded, as such deals account for a growing share of the market.
Strategic Partners Real Estate VII is targeting very mature assets in major cities, with potential for a quick sale.
The Carlyle Group subsidiary's Sarah Schwarzschild and David Lei discuss drivers of RE secondaries deals, GP-led transactions in the asset class and their approach to Brexit.

Copyright PEI Media

Not for publication, email or dissemination