Omega Healthcare Investors acquires MedEquities Realty Trust

by Released | May 17, 2019

Omega Healthcare Investors has acquired MedEquities Realty Trust.

Westbrook Partners, Korea Investment Corp. in talks to sell Manhattan’s Ritz-Carlton hotel

by Released | May 17, 2019

A venture of Westbrook Partners and Korea Investment Corp. is in talks to sell the Ritz-Carlton hotel in Manhattan for $600 million. It is in discussions with Katara Hospitality of Qatar and Trinity White City Ventures, reported Bloomberg, citing people familiar with the matter.

Harrison Street acquires state-of-the-art office and laboratory complex in Cambridge, Mass.

by Released | May 17, 2019

Harrison Street Real Estate Capital has acquired Osborn Triangle in Cambridge, Mass., from a subsidiary of the Massachusetts Institute of Technology.

Among the world’s 20 fastest-growing retailers, Amazon is at No. 4

by Released | May 17, 2019

Despite Amazon headlines stating its dominating and disrupting the brick-and-mortar retail sector, it’s not the No. 1 seed as the fasting-growing retailer based on 2017-2018 sales growth, reported USA Today.

CVG Properties acquires multifamily asset in Arizona to for $27m

by Released | May 17, 2019

Western Wealth Capital has sold Verde Dimora, a 153-unit multifamily asset in Mesa, Ariz., to CVG Properties for $27 million — or $176,470 per unit.

Members of iREOC workshop programmatic JVs and REOC funds at annual meeting

by Released | May 17, 2019

On the final day of the Institute for Real Estate Operating Companies’ 2019 iREOC Annual Membership Meeting, held May 14–16 in Park City, Utah, members of iREOC continued to participate in a series of sessions and workshops that examined different ways real estate operators can interface with the broader institutional real estate market.

U.S. multifamily market seen to remain strong in 2019

by Released | May 16, 2019

A new national report from Yardi® Matrix portrays remarkable consistency in the U.S. multifamily industry. Rents increased by $5 in April 2019 as robust job creation continues to drive absorption of about 300,000 new units per year.

Real estate capital is chasing Asia Pacific’s most innovative cities

by Released | May 16, 2019

Asian cities are moving up the innovation rankings, with Tokyo, Singapore and Beijing among the top five most innovative cities globally. According to new research from JLL, these tech-savvy cities have attracted close to $100 billion of real estate capital over the past three years, as investors look to tap into growing demand.

RCA releases its RCA CPPI Global Cities report

by Released | May 16, 2019

Global commercial property price growth continued to slow in the first quarter of 2019. The Global Cities Composite of the RCA CPPI grew 6.2 percent year-over-year, easing from the double-digit annual rates seen as recently as a year ago.

Members of iREOC discuss entity-level investing, specified deal partnerships at annual meeting

by Released | May 16, 2019

Perspectives on operating company partnerships were shared on the second day of the Institute for Real Estate Operating Companies’ 2019 iREOC Annual Membership Meeting, held May 14 through May 16 in Park City, Utah.

Members of iREOC focus on data and technology at annual meeting

by Released | May 15, 2019

Data flows — and harnessing that resource — were discussed on the second day of the Institute for Real Estate Operating Companies’ 2019 iREOC Annual Membership Meeting, held May 14 through May 16 in Park City, Utah.

JLL Income Property Trust acquires 280-unit apartment community in Seattle

by Released | May 15, 2019

JLL Income Property Trust has acquired Stonemeadow Farms, a 280-unit premier apartment community in the desirable Seattle suburb of Bothell, Washington.

Hamilton Zanze enters Tennessee market

by Released | May 15, 2019

San Francisco–based real estate investment firm Hamilton Zanze (HZ) has acquired two apartment communities, Post Ridge Apartments and 865 Bellevue, in Nashville.

Urban Catalyst closes first OZ project in San Jose

by Released | May 15, 2019

Urban Catalyst, a multi-asset Opportunity Zone Fund based in San Jose, is first to close on an Opportunity Zone project in downtown San Jose.

Investors feel there is too much money in the market

by Released | May 15, 2019

Investors are increasingly concerned there is too much money in the market and there will be a cyclical market peak, according to the Real Estate Trends for 2019 report by Probitas Partners.

Ivanhoé Cambridge partners with The We Co.

by Released | May 15, 2019

Ivanhoé Cambridge and The We Co. have created a strategic partnership to acquire and develop real estate properties globally, jointly or in partnership with other investors.

Members of iREOC focus on partnership challenges at annual meeting

by Released | May 15, 2019

Partnership, and the expectations and challenges involved, was the theme on the first day of the Institute for Real Estate Operating Companies’ 2019 iREOC Annual Membership Meeting, held May 14 through May 16 in Park City, Utah.

Triloma Seniors Housing acquires two assisted living communities

by Released | May 14, 2019

Triloma Seniors Housing has acquired The Fountains at Granite City and The Fountains at Godfrey, two seniors housing communities with a combined 135 assisted living units.

Boston Capital invests in affordable-housing development

by Released | May 14, 2019

Document Boston Capital has plans to investment in the construction of O’Connor Way Senior Housing, a 47-unit affordable-housing development in South Boston.

Ryan Cos. and DWS Group breaks ground on San Diego logistics project, largest of its kind in 20 years

by Released | May 14, 2019

Ryan Cos. and DWS Group have broken ground on Vantage Point, a new state-of-the-art, infill logistics/distribution development in the Poway submarket of San Diego.

Phase 1 of $5.5b Baltimore development breaks ground

by Released | May 14, 2019

Document Construction has officially begun on the new community of Port Covington in South Baltimore.

CalSTRS to buy Fairfield Residential

by Released | May 14, 2019

The $233.9 billion California State Teachers’ Retirement System has plans to acquire apartment operator Fairfield Residential from Brookfield Asset Management, reported media outlets, citing unnamed sources with knowledge of the deal.

Jamestown reported potential buyer of $820m Levi’s Plaza in San Francisco

by Released | May 14, 2019

Atlanta-based Jamestown has been named as a potential buyer for the 800,000-square-foot Levi’s Plaza office asset in San Francisco, reported local media outlets, citing unnamed sources with knowledge of the deal.

Starwood Capital Group forms OZ JV with Holland Partner Group

by Released | May 14, 2019

Starwood Capital Group has formed a joint venture with Holland Partner Group to acquire and develop a class A multifamily project, 550 Harborfront, in San Pedro, Calif., an emerging coastal neighborhood in the South Bay of Los Angeles.

UBS sells office in Virginia for $228m

by Released | May 14, 2019

Document A joint venture between Paradigm and a fund advised by the UBS Asset Management Real Estate & Private Markets – U.S. has sold Meridian at Pentagon City, a 534-unit, two-tower, multi-housing property in Arlington, Va., for $228 million.