Asia-Pacific

The Dallas-based private equity firm has moved its head of Asia into a new role and is eliminating 25 positions in the region.

The Dallas-based private equity firm has moved its head of Asia into a new role and is eliminating 25 positions in the region.

The high-profile departure comes two years after the New York-based investment bank’s reorganization of its property businesses.

Starwood now expects less troubled deal flow to emerge in the non-performing-loan space from the current pandemic crisis than it did before. But that should not worry investors which committed to its latest ‘distressed’ fund.

The Miami Beach-based private investment firm will be the third private real estate manager to amass double-digit billions for a single property fund.

Large pools of capital have been raised for distressed strategies, but thanks to government support schemes, finding a home for it is proving a challenge.

PERE hears from an investor in each major region about what real estate debt means to their respective organization.

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.

PERE’s latest ranking of the largest real estate debt fund managers shows covid-19 has been no obstacle for the asset class.