Chevron Corp. to sell 92-acre HQ Campus in San Francisco Bay Area

by Andrea Zander | Jun 29, 2022

Chevron Corp. plans to sell its 92-acre headquarters campus, Chevron Park, located in the San Francisco Bay Area city of San Ramon.

Gordon Brothers and Ciminelli JV buys Greater Boston research & development building

by Released | Jun 29, 2022

Gordon Brothers, in a joint venture with Ciminelli Real Estate Corporation, has acquired a 93,500-square-foot research and development building on 7.4 acres in Andover, Mass., for $19.8 million.

Morgan Properties expands North Carolina footprint

by Released | Jun 29, 2022

Morgan Properties has acquired two class A apartment communities totaling 642 units in Fayetteville, N.C.

American Landmark acquires apartments in Atlanta

by Released | Jun 29, 2022

American Landmark Apartments has announced the acquisition of 2050 Morningside, a 198-unit apartment community located in the Morningside/Lenox Park neighborhood of Atlanta. 

SL Green Realty Corp. forms JV with foreign investors for NYC office tower

by Released | Jun 29, 2022

SL Green Realty Corp. has closed on the previously announced acquisition of 450 Park Avenue in New York City in a newly formed joint venture.

Two Bally’s Corp. Rhode Island assets sell for $1b

by Andrea Zander | Jun 29, 2022

Gaming and Leisure Properties (GLPI) has paid $1 billion for Bally’s Corp.’s two Rhode Island casino properties, Bally’s Twin River Lincoln Casino Resort and Bally’s Tiverton Casino & Hotel.

KBS sells 207,000sf, three-building office park in Fairfax, Va., for $23m

by Released | Jun 29, 2022

KBS has sold Redwood Plaza I, II & III.

Transparency is key to successful investment partnerships

by Andrea Zander | Jun 29, 2022

General partners (GPs) today have to respond faster to investment opportunities.

Barings acquires Bay Area life sciences portfolio

by Released | Jun 29, 2022

Barings has acquired a portfolio of three life sciences assets.

Prologis buys amusement park for $310m

by Andrea Zander | Jun 28, 2022

Cedar Fair has sold the land at its California’s Great America amusement park and plans to close the park.

Hospitality market disconnect between fundamentals

by Released | Jun 28, 2022

There’s a big disconnect between hospitality fundamentals, which are exceptionally strong for many assets, while the debt markets have been deteriorating meaningfully.

Grosvenor to break ground on residential development in Berkeley, Calif.

by Released | Jun 28, 2022

Grosvenor has broken ground on 1951 Shattuck.

Landmark Properties to develop first L.A. project

by Released | Jun 28, 2022

Landmark Properties has expanded its student housing portfolio in California.

Invesco Real Estate sells premier Dallas–Fort Worth industrial park

by Released | Jun 28, 2022

Invesco Real Estate and Perot Development Co. has sold DFW Park 161.

GTIS Partners to launch second qualified opportunity zone

by Kali Persall | Jun 28, 2022

GTIS Partners Is gearing up to launch its second qualified opportunity zone fund.

LRC Properties JV purchases industrial property in Georgia

by Released | Jun 28, 2022

LRC Properties in a joint venture with an institutional LP partner has purchased the Zion Industrial property located at 1791 Mt. Zion Road in Morrow, Ga., for $31.5 million.

Chris Sullivan joins CBRE Investment Management as a director

by Kali Persall | Jun 28, 2022

CBRE Investment Management has appointed Chris Sullivan as a director on the transactions team in the Americas Logistics Operator Division.

Multi-housing rent growth continues to climb

by Andrea Zander | Jun 28, 2022

The momentum surrounding multi-housing rent growth has continued in 2022 and is currently outpacing inflationary growth.

ESG focus supports investment in affordable housing

by Loretta Clodfelter | Jun 27, 2022

The affordable housing segment has seen strong demand from investors, some of it driven by investor demand for investments with environmental, social and governance (ESG) aspects.

Greystone appoints Hafize Gaye Erkan as CEO

by Released | Jun 27, 2022

Greystone has appointed Hafize Gaye Erkan as its CEO.

Former American Red Cross building to be converted into mixed-use project in Birmingham, Ala.

by Released | Jun 27, 2022

EPT Holdings has plans to redevelop a former American Red Cross building into a mixed-use project in Birmingham, Ala.

Bonaventure sells Williamsburg, Va., multifamily asset for $100m

by Released | Jun 27, 2022

Bonaventure has sold a 289-unit garden-style multifamily property Williamsburg, Va., to The Inland Real Estate Group for $100 million.

PEB pays $174m for waterside resort in Rhode Island

by Released | Jun 27, 2022

Pebblebrook Hotel Trust (PEB) has acquired the AAA Four Diamond 257-room Gurney’s Newport Resort & Marina in Newport, R.I., for $174 million.

Brasa Capital Management closes second real estate fund above target

by Kali Persall | Jun 27, 2022

Los Angeles–based Brasa Capital Management has closed its Brasa Real Estate Fund II.

L.A. creative office sells to FS Credit

by Andrea Zander | Jun 27, 2022

FS Credit Real Estate Income Trust, Inc., which is advised by a subsidiary of FS Investments and sub-advised by Rialto Capital Management, has acquired 555 Aviation, a 259,754-square-foot, class-A creative office building located in El Segundo, Calif.