Institutional money continued flowing into private investment funds in the third quarter, with Ares Management raising more than $31 billion in gross commitments even as commercial property financing and private-credit valuations remained under scrutiny. More than...
Blue Owl Capital’s assets under management reached $330 billion at the end of September, putting another large alternative investment manager at the center of a growing debate over how much capital private markets can absorb in real estate and data-center...
Allied Properties Real Estate Investment Trust is cutting its monthly distribution by 90%, an unusually steep reduction that makes the Toronto office landlord’s balance-sheet repair the immediate priority even as leasing conditions improve. The trust’s...
Meritage Homes sold fewer homes in the third quarter despite operating more communities, another sign that a wider selection of new houses has not been enough to overcome buyers’ monthly-payment concerns. The Scottsdale, Arizona-based builder took orders for...
D.R. Horton ended its fiscal year with a sharper slowdown in new orders and more canceled contracts, a combination that shows how quickly higher borrowing costs can interrupt the market for newly built homes even when the country’s largest builder is still...