The Swig Co. names new president

by Released | Jan 19, 2022

The Swig Co. has announced several appointments. Connor Kidd, formerly executive vice president director of asset management, has been named president with immediate effect. As president, Kidd will continue to work closely with, and report to, CEO Jim Carbone in this newly created role. Kidd joined The Swig Co. in 2009 as a member of the […]

Gilbane selected by Eastern Michigan University for $200m partnership

by Released | Jan 18, 2022

Eastern Michigan University (EMU) has selected Gilbane Development Co.

Argosy Real Estate plans to convert hotel into multifamily property

by Released | Jan 18, 2022

Argosy Real Estate Partners has closed on the off-market acquisition of a former nationally branded, 92-room extended-stay hotel planned for conversion to a 92-unit multifamily property.

Invesco sells Minneapolis-area retail center

by Released | Jan 18, 2022

Invesco Real Estate has sold Ridgehaven Shopping Center.

JBG SMITH breaks ground on pair of multifamily towers

by Released | Jan 18, 2022

JBG SMITH has started constructed on a pair of multifamily towers at 2000 and 2001 South Bell Street, Arlington, Va.

Leste Real Estate U.S. sells multifamily projects for $210m

by Released | Jan 18, 2022

Leste Real Estate U.S., the real estate investment advisor of global independent alternative investment manager Leste Group, has sold recently developed class A multifamily projects in Tampa Bay, Fla., and Charlotte, N.C.

Wells Fargo survey: Construction industry expects strong profitability in 2022, despite supply chain & labor challenges

by Andrea Zander | Jan 18, 2022

The benchmark U.S. National Optimism Quotient (OQ) registered 112, a 44 percent increase from its mark of 78 a year earlier, showing leaders ended 2021 feeling cautiously optimistic.

Global residential investment outstrips offices

by Andrea Zander | Jan 18, 2022

Residential and industrial property will be the strongest real estate asset classes globally in 2022, and that total investment volumes bounced back very strongly in 2021 as an increasing number of funds looked to invest into real estate, according to Savills World Research.

Bridge Industrial and PSP Investments form $550m JV in build-to-core assets

by Andrea Zander | Jan 18, 2022

Bridge Industrial and the Public Sector Pension Investment Board have formed a joint venture to develop best-in-class modern warehousing in urban infill locations in core markets across the United States.

RW Partners closes inaugural GP fund

by Released | Jan 18, 2022

RW Partners has announced its initial closing of its inaugural GP fund, RW Fund I L.P., with approximately $10 million of LP commitments.

NFI‐DP records the best calendar year performance since inception

by Andrea Zander | Jan 18, 2022

The National Council of Real Estate Investment Fiduciaries (NCREIF), whose membership contributes data to property and fund level indices, has released the December 2021 performance returns for the Daily Priced NCREIF Fund Index (NFI‐DP).

AEW executive managing director Pamela Herbst retires after 45-year career in CRE investing

by Andrea Zander | Jan 18, 2022

AEW Capital Management announced that executive managing director Pamela Herbst retired from AEW at year-end after an accomplished career that has spanned nearly 43 years, including 26 years at AEW.

PropTech firm forms JV with Morgan Properties

by Released | Jan 18, 2022

Wilshire Lane Capital announces a strategic partnership with Morgan Properties.

Greystar Real Estate Partners sells San Diego Apartment Community

by Released | Jan 18, 2022

Greystar Real Estate Partners has sold EV Lofts, a 208-unit class-A apartment community in Downtown San Diego's trendy East Village neighborhood.

GTIS Partners closes on third build-to-rent project in Phoenix

by Released | Jan 14, 2022

GTIS Partners has closed on Cotton Lane, a 13-acre site fully approved for 144 build-to-rent units, located in Glendale, Ariz.

American Campus Communities forms JV with Harrison Street’s social-infrastructure platform

by Andrea Zander | Jan 14, 2022

American Campus Communities has formed a joint venture for the ownership of its existing eight-property Arizona State University student-housing portfolio.

Cushman & Wakefield releases data center global market comparison report

by Released | Jan 14, 2022

Data-center construction totals continue to grow globally, with 4.1 gigawatts now underway in the markets covered, up from 2.9 gigawatts in the previous study and 1.6 in the year before that.

Barings invests $200m to single-family firm The Promise Homes Co.

by Andrea Zander | Jan 14, 2022

The Promise Homes Co., one of the largest Black-owned managers of institutional-quality, single-family residential rental homes in the United States, has closed on a $200 million institutional debt facility from Barings.

Manhattan office market posts 7.7msf in leasing in Q4

by Released | Jan 14, 2022

The Manhattan office market posted a second consecutive strong quarter in fourth quarter 2021, with leasing activity totaling 7.7 million square feet, absorption figures in positive territory and availability rates on the decline.

Phoenix Realty Group JV sells luxury garden-style apartment in Orlando for $97m

by Released | Jan 14, 2022

A joint venture between Phoenix Realty Group and Prospect Capital has acquired West Vue.

$54.5m secured for development of Colorado multi-housing community

by Released | Jan 14, 2022

Lang Partners and Realty Capital Residential have secured $54.5 million in construction financing for Tree Farm Lofts, a 196-unit, multi-housing community located in Basalt, Colo.

Davlyn investment enters Las Vegas market

by Released | Jan 14, 2022

Davlyn Investments has paid $77 million for Sonata.

Marquette Cos. JV sells Apartment Community in Lombard, Ill.

by Released | Jan 14, 2022

A joint venture between Marquette Cos. and an institutional partner has sold City View at the Highlands.

Hines acquires nearly 80 acres in Beacon Hill from Wolff Cos.

by Released | Jan 14, 2022

Hines has acquired 78 acres in Wolff Cos.’ 564-acre, mixed-use Beacon Hill development along highway U.S. 290 in Waller, Texas, for a build-to-suit project.

Continental Properties Co. closes two real estate funds valued at $1b

by Andrea Zander | Jan 13, 2022

Continental Properties Co. has announced the closing of Continental Properties Real Estate Income Fund III and Continental Properties Real Estate Income Fund IV.