Paul Mouchakkaa has left his post as head of real estate at the Alberta Investment Management Corporation (AIMCo) to join Crow Holdings Capital (CHC) in Dallas.
Mouchakkaa had been with AIMCo since 2022, overseeing a $30-billion global real estate portfolio. He joined CHC as a senior managing director responsible for the firm’s build-to-core and core-plus investment programs and establishing new strategies.
CHC is the investment-management arm of Crow Holdings, a leading American national investment and development firm.
“Paul brings a valuable, differentiated experience from a career spent at both best-in-class global general and limited partner investment platforms that will help Crow Holdings Capital to continue to evolve and enhance its investment approach,” said Bob McClain, CEO of CHC.
Mouchakkaa’s experience includes senior positions with BGO, the California Public Employees Retirement System, Morgan Stanley and Pension Consulting Alliance.
Multifamily owners with loans coming due are faced with higher refinancing costs. While this isn’t news, Newmark put numbers to the issue, indicating that loans maturing in Q3 2026 carried an average interest rate of 4.04%, compared to 5.69% on new loans at an average cap rate of 5.5%, resulting in negative leverage. At the...
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An increase in mortgage rates is cooling home sales, with multifamily the biggest beneficiary, according to John Chang, senior vice president at Marcus & Millichap. In a recent video, Chang said that the 10-year Treasury has risen by more than 100 basis points, and the 30-year mortgage rate is up about 130 bps to the...
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The city of Revere is eying a large redevelopment plan that would create 1,700 new affordable and market-rate homes about five miles northeast of downtown Boston. The Revere Housing Authority presented a proposal to the Revere City Council last week requesting a zoning change that would allow for development on a 40-acre site at Cooledge...
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