Latest Fundraising Data: Volumes Fall but Less Time Is Spent on the Road
In Q1 2026 global real‑estate fundraising slipped to just under $44 billion, down sharply from $81.4 billion a year earlier, as mega‑funds faded and managers pursued smaller, more targeted raises. Value‑add strategies now dominate, capturing about 53% of capital, while opportunistic funds fell to 15% and debt to roughly 18% of total fundraising. Industrial and data‑center assets led sector fundraising, with industrials jumping to 40% of the mix, whereas office and retail remained marginal. Close‑ended funds are closing faster and more often at or above target, indicating improving investor confidence despite the overall slowdown.
Piecemeal over Portfolios: Selective Industrial Buys and Exits Show a Sharpshooting Template Ahead
The episode examines how institutional real‑estate managers are reshaping industrial portfolios by selectively buying, financing, and exiting assets rather than bulk‑buying. Guests Samantha Rowan and Asif Bade explain that location, modern Class A specifications, and power infrastructure drive demand, while tighter...
'A Golden Period': Seizing the Moment in European Real Estate Credit
The episode examines the resurgence of liquidity in European real estate credit, highlighting how banks have returned to the market alongside well‑capitalized debt funds. Guests Isabel Brennan (LaSalle) and Christian Janssen (Nuveen) explain that while core senior loans are now...
Beyond Rivalry: How Banks and Alt Lenders Are Swapping Competition for Cooperation
In this episode, Stuart Watson talks with Deutsche Fanbrief Bank MDs Duncan Pearson and Charles Balch about the bank’s “originate and cooperate” strategy, which pairs its balance‑sheet senior lending with flexible capital from alternative lenders to meet complex real‑estate financing...
PIMCO Prime's Trausch on Seizing Real Estate Credit Opportunities in 2026
In this episode, Francois Trouch, CEO and CIO of PIMCO Prime Real Estate, explains why real estate credit is a top investment theme for 2026, highlighting its attractive risk‑adjusted returns versus corporate debt and equity. He details the five segments...
Starwood’s Pollack: Insurance Capital and Cloud Investments to Shape Firm's RE Growth
In this episode, Starwood Capital Group President Jonathan Pollack discusses his first year overseeing operations, emphasizing a strategic shift toward deeper partnerships with insurance capital and a rapid expansion of the firm’s data‑center platform driven by AI and cloud computing....
How Back Leverage Is Revolutionizing European Real Estate Debt Markets
In this episode Stuart Watson talks with Reed Smith partner Josh Hughes and Knight Frank associate Jess Qureshi about back leverage – the practice of borrowing to fund existing debt – and its rapid rise in European real‑estate finance. They...
No More 'Easy Trades': REIT Take-Privates Could Slow in Reshaped Market
The episode examines the recent slowdown in REIT take‑private activity as market conditions improve, highlighting the $3.4 billion Affinius Capital acquisition of Varus Residential REIT as a benchmark. Guests Jonathan Brass, Sarah Marks, and Matthew Norris explain that higher valuations, abundant...
Viva Loans Vegas: Blackstone's $3bn Re-Up for The Cosmopolitan Signals High-Tier CMBS Conviction
The episode examines Blackstone’s $3.05 billion CMBS refinancing of The Cosmopolitan in Las Vegas, highlighting the surge in high‑quality hospitality securitizations and the city’s enduring appeal to institutional investors. Guests Randy Plavajka and Shihao Feng explain how post‑pandemic destination resilience and a growing...
Surviving an AI Bubble: Goodwin Gaw's Private Real Estate Resilience Plan
In this 14‑minute excerpt, Goodwin Gaw, co‑founder of Gaw Capital Partners, examines how the massive AI spending surge—projected at $650 billion by tech giants—could create a bubble that impacts private real‑estate markets, especially data‑center assets. He argues investors should balance AI‑driven...
Why European Real Estate Credit Looks Safer than Equity in the New Cycle
In this episode, Clark Coffee, CIO of AllianceBernstein’s European commercial real estate debt business, explains how the European real estate market is transitioning after a reset in values and the end of ultra‑low borrowing costs. He argues that debt now...