Record Investor Demand Tempting Owners Of Atlanta's Prime Office Towers To Sell

On the latest episode of the Bisnow Reports podcast, we sat down with Warren de Haan, the co-CEO of ACORE Capital — one of the biggest nonbank lenders in the country, having originated $7B in commercial real estate debt last year.

He speaks about launching a $1B fund targeting distressed hotels — and struggling to find many deals to deploy it in. De Haan also said the Russia-Ukraine War is going to have knock-on effects that will play out in the real estate market, as will record inflation that is being experienced in the U.S. right now — namely on the ability of middle-class Americans to spend on travel.

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LONDON — The UK single-family rental sector is fast convincing real estate investors of its benefits. If it can prove it helps housing affordability and creates much-needed new homes, it just might convince society at large as well. 

“While we’re not necessarily doing God’s work in investing in single-family housing, by investing in that sector we’re creating additionality and net new housing,” Packaged Living Managing Director of Single Family Housing Jonathon Ivory told an audience of 200 at Bisnow’s Single-Family Rental event late last month. “Covid-19 has changed how and where people want to live, and single-family rental provides new homes in green and open places that improves wellness and quality of life.”

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As far as beginnings go, the basement of one's home is not quite as humble as a windswept island prison off the coast of France, but everyone has to start somewhere.

When Buwa Binitie founded Dumas Collective in 2006, he named the company after Alexandre Dumas, whose legendary novel The Count of Monte Cristo inspired Binitie to reach beyond his station and build a portfolio of companies in an industry that can feel hostile to people of color.

Though Edmond Dantes, the namesake of Binitie's development company Dantes Partners, used the wealth of a treasure hoard to write his revenge tale as the titular count, Binitie's companies specialize in putting together complex financing packages for desperately needed affordable housing. Even among real estate asset classes, it isn't as simple or glamorous as treasure and 19th-century aristocracy, but for the next generation of executives, it hopefully proves just as inspiring.

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