Arshiya Khullar
Blackstone and Starwood’s sweetening of an already sweetened offer shows a strong conviction in the sector.
With recovery underway in the US hotel sector, securitisation activity is gradually picking up in select sub-sectors – albeit with more conservative underwriting.
The New York-based firm’s latest vehicle is effectively a non-traded REIT within a 1940 Act wrapper, but the wrapper is where the innovation lies.
The New York-based private equity firm’s KREST could democratize access to institutional real estate through a number of ‘investor-friendly’ features.
Real estate debt managers drew ample investor support for strategies ranging from senior debt to special situations, despite unprecedented uncertainty in the global macroeconomic environment.