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Many real estate owners are finding it more challenging to secure loans and refinance maturing debt given the higher level of interest rates and a pullback from lenders.
Blue Owl Capital's acquisition of Prima Capital Advisors for $170 million marks its entry into real estate finance.
GIC's Jesse Hom to join Blue Owl as Head of Real Estate FinanceNEW YORK, April 9, 2024 /PRNewswire/ -- Blue Owl Capital Inc. , a leading alternative asset manager, announced today the creation of...
Alternative asset manager Blue Owl Capital said on Tuesday it will buy Prima Capital Advisors for $170 million to expand into real estate financing, a market that traditional banks have been...
(Bloomberg) -- Blue Owl Capital Inc. is launching a real estate finance strategy with the purchase of Prima Capital Advisors and the hiring of Jesse Hom from GIC Pte to spearhead the efforts, according to a statement that confirms an earlier Bloomberg News report.Most Read from BloombergTrumpism Is Emptying ChurchesIran’s Better, Stealthier Drones Are Remaking Global WarfareBlackstone Nears Buyout of Skin-Care Company L’OccitaneWhy India’s South Rejects Modi — And Why It MattersGermany to Order