J.P. Morgan Asset Management closes inaugural U.S. net lease fund with $1.1b in commitments

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J.P. Morgan Asset Management announced the final close of J.P. Morgan Net Lease Real Estate Fund II (the fund), with $1.1 billion in total capital commitments.

Milhaus completes acquisition of Broadshore Capital Partners

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Milhaus, a national developer, owner and operator of class A multifamily properties, announced the completion of its acquisition of Broadshore Capital Partners, a Los Angeles- and New York-based, SEC-registered investment management and lending platform with more than 35 years of experience in equity and debt investment strategies.

Cerberus sells Tenet Equity to CBRE Investment Management for $1.6b

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Cerberus Capital Management (together with its affiliates), a global alternative investment firm with established corporate credit and real estate platforms, announced that certain funds and accounts have sold Tenet Equity to CBRE Investment Management, which is making its investment on behalf of several of its investment strategies, for $1.6 billion.

Global Holdings secures $382m refinancing for 120 Park Avenue

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Global Holdings, the international real estate development and investment firm led by chairman and founder Eyal Ofer, announced the refinancing of 120 Park Avenue, its 620,000-square-foot trophy office tower located steps from Grand Central Terminal on Park Avenue in midtown Manhattan.