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Core Spaces, a residential real estate developer, owner and operator, and Harrison Street have formed a joint venture that will invest as much as $1.5 billion for the development and acquisition of single-family build-to-rent (BTR) communities in major-growth metropolitan areas across the United States.
One Montgomery Street in San Francisco’s North Financial District recently traded hands with a price tag of $82 million. The new owner is a joint venture between Boston-based investment manager AEW Capital Management and Palo Alto, Calif.–based developer REDCO Development. The seller was PGIM Real Estate.
M7 Developments, the recently launched planning and development business of M7 Real Estate, has received the green light from the Solihull Borough Council for a mixed-use redevelopment project known as “The Green” on a 47-acre brownfield site in the West Midlands, England. In addition, the project recently secured funding from Merseyside Pension Fund.