Transactions | Dec 23, 2024 Affinius Capital originates $132m construction loan for luxury multifamily building at 358 Livingston St. in Brooklyn, N.Y. by Released Affinius Capital has originated a $132 million loan to Goose Property Management to finance the ground-up development of 358 Livingston St., a luxury multifamily asset with 5,000 square feet of ground-floor retail located in downtown Brooklyn.
Transactions | Dec 20, 2024 Second Avenue acquires Jacksonville-based Pacific Oak Residential by Released Second Avenue has acquired Pacific Oak Residential.
Transactions | Dec 20, 2024 Inland Real Estate Acquisitions purchases senior living portfolio by Released Inland Real Estate Acquisitions has negotiated and closed the purchase of the Clarendale class A senior living portfolio.
Investors | Dec 20, 2024 CenterSquare launches essential service retail JV by Andrea Zander CenterSquare has formed a joint venture partnership with one of the country’s largest state pension funds.
Investors | Dec 20, 2024 ERFC commits $14m to multifamily funds by Elise Mackanych The Educational Employees Retirement System of Fairfax County (Va.) (ERFC) has committed $14 million to two multifamily funds: Berkshire Multifamily Credit Fund IV and FPA Apartment Opportunity Fund IX.
Investors | Dec 20, 2024 SBCERS commits $20 million to two real estate funds by Elise Mackanych The Santa Barbara County (Calif.) Employees’ Retirement System (SBCERS) has committed $20 million each to two funds.
Investors | Dec 20, 2024 TMRS commits $100m to WCP’s third cold storage fund by Elise Mackanych Texas Municipal Retirement System (TMRS) has committed $100 million to WCP NewCold III, a vehicle of Westport Capital Partners.
Transactions | Dec 20, 2024 Principal acquires logistics asset in Italy for European logistics fund LOG IN by Released Principal Asset Management has acquired a logistics asset in the heart of Tuscany in Italy for LOG IN, the European logistics and industrial fund managed by Theoreim.
Research | Dec 19, 2024 Middle-income rental housing: A prime investment opportunity, says Kettler by Andrea Zander Middle-income rental housing is fundamentally the best investment opportunity in multifamily today, according to Kettler in a recent report.
Transactions | Dec 19, 2024 SBA reviews $510.6m in third quarter real estate transaction activity by Elise Mackanych The State Board of Administration of Florida (SBA) announced its Real Estate Class Update in its December Investment Advisory Council meeting.The State Board of Administration of Florida (SBA) announced its Real Estate Class Update in its December Investment Advisory Council meeting.
Research | Dec 19, 2024 Fed cuts rates for a third and final time this year by Elise Mackanych In the final meeting of the year, the Federal Open Market Committee has decided to cut the federal funds rate by 25 basis points, to a target range of 4.25 percent to 4.5 percent.
Research | Dec 19, 2024 London offices see uptick in weekly in-person occupancy rates by Elise Mackanych After a slow but steady recovery from the pandemic, offices in London are seeing a positive trend in employees returning to work in person.
Transactions | Dec 19, 2024 Silicon Valley multifamily asset sells for $203m by Andrea Zander DWS has sold Summerwood Apartments.
Fundraising | Dec 19, 2024 Continental Properties closes third real estate development fund at $210m by Andrea Zander Continental Properties Co. has announced the successful closing of its ninth private real estate fund, Continental Properties Real Estate Development Fund III.
Transactions | Dec 18, 2024 Morgan Stanley Real Estate Investing acquires Brightview Senior Living Portfolio by Andrea Zander Morgan Stanley Investment Management, through investment funds managed by Morgan Stanley Real Estate Investing (MSREI) has partnered with Brightview Senior Living (Brightview) to acquire a portfolio of eight premium senior housing communities from Harrison Street.