Tuesday, December 17, 2024

M&A

The $10 billion fund from Starwood Capital Group has been trying to preserve its available cash and credit by limiting investor redemptions. In the first quarter, the fund was hit with $1.3 billion in withdrawal requests but satisfied less than $500 million of them, according to regulatory filings.

The incredible disappearing Starwood CRE investor

The $10 billion fund from Starwood Capital Group has been trying to preserve its available cash and credit by limiting investor redemptions. In the first quarter, the fund was hit with $1.3 billion in...
Interest rates slow apartment development

INFOGRAPHIC: Interest rates slow apartment development

Rising interest rates, tighter lending and flattening rents in parts of the country have left property companies from California to Florida waiting for financing that may not come soon. +500 days (up 45% from 2019)...
Westmont Commons, a 252-unit apartment complex in Asheville, North Carolina, traded hands for nearly $50 million

Apartment deals offering risk premiums again

In 2021 and 2022 it didn’t matter what vintage you bought as there was no cap rate premium. As the first quarter of 2024 was wrapping up, TruAmerica Multifamily closed its first acquisition of the...
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