Recently Announced Transactions | 2025 Week 49
12.4.25 | This week we recognized 3 capital-related transactions with a disclosed value of $7.4 Billion USD.
| Deal Size ($Bn USD) | Capital Related Transactions |
| $4.6 | Sculptor Raises $4.6 Billion for Fifth Opportunistic Equity Real Estate Fund |
| $.1.5 | Cannon Hill Capital Partners and TriPost Capital Partners Announce Strategic Partnership for $1.5 Billion |
| $1.3 | M&G and Partner Plan £1 Billion ($1.3 Billion USD) BTR Push |
| $7.4 | Total |
Additionally, we recognized 8 leadership changes within the industry.
- URW Appoints Kathleen Verelst as Chief Investment Officer
- IMPACT Community Capital Names Michael Lohmeier CEO
- Mission Rock Residential Charts its Next Chapter: Longtime Leader Meredith Wright Appointed CEO, Founding CEO Transitions to Advisory Role as Board Chair
- LaSalle Announces Global Leadership Transition
- Champion Homes Appoints Dave McKinstray as EVP, Chief Financial Officer and Treasurer
- Chancerygate Hires New Chief Financial Officer
- Governey to Become New CEO of Brookfield’s Hibernia Real Estate Group
- Inland Appoints Lou Kruk to Lead its Institutional Asset Management Platform

Summary of Transaction Headlines
IREI | “Sculptor Raises $4.6 Billion for Fifth Opportunistic Equity Real Estate Fund”
Sculptor Capital Management has held a final closure for its Sculptor Real Estate Fund V with $4.6 Billion in commitments, exceeding the fund’s $3 Billion target and reaching its hard cap. The firm also closed an additional $825 Million of co-investment capital, allowing investors to participate alongside the flagship vehicle. The fund sits within Sculptor’s broader real estate platform, alongside the firm’s opportunistic credit and core-plus real estate strategies, which collectively enhance its ability to source, structure, and execute differentiated opportunities. The fund received significant support from both new and existing institutional investors globally.
Cannon Hill Capital Partners, a vertically integrated real estate firm, announced it has entered a strategic partnership with TriPost Capital Partners. The capital investment will allow Cannon Hill to scale its acquisition activities in New York City, Boston, and Washington, D.C., with a focus on distressed office properties. The partnership will enable the acquisition of up to $1.5 Billion in strategic office assets over the next three years.
Bisnow | “M&G and Partner Plan £1 Billion ($1.3 Billion USD) BTR Push”
M&G and an unnamed Asian pension fund are planning to invest £1 Billion ($1.3 Billion USD) in the UK build-to-rent sector over the next three years to capitalize on low levels of new homebuilding. M&G said it and its partner each put £300 Million ($399 Million USD) of equity into a joint venture, which will be supplemented with debt and used to build out a portfolio of 3,000 rental homes. M&G’s equity would be coming from its £130 Billion ($172 Billion USD) with profits fund.
GlobeNewswire | “URW Appoints Kathleen Verelst as Chief Investment Officer”
Unibail-Rodamco-Westfield (“URW”, “the Group”) announces that at its meeting the Supervisory Board, upon the recommendation of its Governance, Nomination, and Remuneration Committee (“GNRC”), decided on the appointment of Kathleen Verelst as Chief Investment Officer (CIO) and a Member of its Management Board, effective January 1, 2026. Kathleen has more than 30 years of global real estate experience, working for a leading international investment bank and law firms across diverse asset classes and markets.
Business Wire | “IMPACT Community Capital Names Michael Lohmeier CEO”
IMPACT Community Capital (“IMPACT”), an institutional investment manager that pioneered affordable housing debt, is pleased to announce that President and Chief Investment Officer Michael Lohmeier will become Chief Executive Officer effective January 1, 2026. Lohmeier succeeds Jeff Brenner, who has served as IMPACT’s CEO for over eight years and will retire from his day-to-day operational role, transitioning to a consulting position with the firm.
Mission Rock Residential, a nationwide third-party property management company known for its team-centric culture and operational excellence, announced that founding Chief Executive Officer Patricia “Pat” Hutchison will transition into a new role as Chair of the Board of Directors in an advisory capacity through 2026. Longtime President Meredith Wright will assume the role of CEO, continuing the company’s legacy of leadership and culture-driven growth.
PR Newswire | “LaSalle Announces Global Leadership Transition”
LaSalle Investment Management, the global investment management business of JLL (NYSE: JLL), announces a planned leadership transition with Brad Gries promoted to Global CEO and Tim Kessler to President, both effective January 1, 2026. Current Global CEO Mark Gabbay will transition his role to Executive Chairman following a successful tenure that included navigating the platform through the global pandemic and the current real estate cycle.
Business Wire | “Champion Homes Appoints Dave McKinstray as EVP, Chief Financial Officer and Treasurer”
Champion Homes, Inc. (NYSE: SKY) (“Champion Homes”) announced that Dave McKinstray has been appointed Executive Vice President, Chief Financial Officer, and Treasurer, effective January 12, 2026. Mr. McKinstray will succeed Laurie Hough, who will be retiring after more than 20 years with the company. Ms. Hough will remain with the company through May 31, 2026, to help ensure a smooth transition of the CFO responsibilities.
BE News | “Chancerygate Hires New Chief Financial Officer”
Developer and investment manager Chancerygate has hired Ryan Craig, former Finance Director of Crosstree Real Estate Partners, as Chief Financial Officer. Craig brings with him over two decades of real estate experience as a Chartered Accountant. With Chancerygate currently set to deliver 2.8 Million Sq. Ft. of urban logistics space under construction, Craig’s arrival comes at a pivotal moment for the group and its strategy to manage over £650 Million ($863 Million USD) of investment assets in the UK.
Bisnow | “Governey to Become New CEO of Brookfield’s Hibernia Real Estate Group”
Brookfield-owned Hibernia Real Estate Group has announced that Edwina Governey will become Chief Executive Officer. She replaces Tom Edwards-Moss, who has been with Hibernia for over 11 years and played a central role following the takeover by Brookfield in 2022. In addition, Michael Griffith will become Chief Investment Officer. Both appointments take effect from 1 January 2026.
Business Wire | “Inland Appoints Lou Kruk to Lead its Institutional Asset Management Platform”
The Inland Real Estate Group, LLC (“Inland” or “the Company”), one of the nation’s largest vertically integrated commercial real estate investment, finance, and operating groups, announced the appointment of Lou Kruk to Chief Executive Officer and President of its institutional asset management platform, Inland Institutional, LLC (“Inland Institutional”). In this role, Mr. Kruk will oversee Inland Institutional’s strategic growth initiatives, including the development and execution of fund strategy, capital market activities, institutional investment efforts, operations, and investor relations.
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