Excerpt: Morgan Stanley Property Fund Faces $5.4 Billion Loss Morgan Stanley has told investors in its $8.8 billion real-estate fund that it may lose nearly two-thirds of its money from bum property investments, according to fund documents reviewed by The Wall Street Journal. That would likely make it the biggest dollar loss—$5.4 billion—in the history […]
Owen Thomas
Excerpt: Morgan Stanley Real Estate Raises $1.75 Billion for Fifth MSREF U.S. Fund Morgan Stanley Real Estate announced today that it has successfully concluded fundraising for Morgan Stanley Real Estate Fund (MSREF) V U.S. with $1.75 billion of equity commitments. MSREF V U.S. has already committed approximately 60% of its capital to these types of