Research | Aug 2, 2019 U.S. employers added 164,000 jobs in July by Andrea Zander Total nonfarm payroll employment rose by 164,000 in July, in line with average employment growth in the first six months of the year.
Transactions | Aug 2, 2019 Riverstone Living buys £300m Kensington retirement living scheme by Andrea Zander Riverstone Living has agreed to forward purchase Berkeley Group and M&G Real Estate’s £300 million ($364 million) retirement living scheme in the London.
Research | Aug 2, 2019 Commercial real estate expansion stable for foreseeable future, study finds by Kali Persall Commercial real estate markets were strong at the mid-year point and are seeing an expansion that does not seem to be ending anytime soon, according to a new report by Nareit.
Transactions | Aug 2, 2019 Recent commercial real estate transactions by Lisa Yan Transactions reported this week include the sale of Levi’s Plaza in San Francisco.
Transactions | Aug 2, 2019 Real I.S scoops up office building in Barcelona from local family office by Kali Persall Real I.S. as acquired the Avenida Diagonal 67 office building in Barcelona.
Transactions | Aug 2, 2019 Longfellow funds buys life science portfolio for $405m by Andrea Zander An affiliate of Longfellow Strategic Value Fund has paid $405 million for a core life science portfolio.
Transactions | Aug 2, 2019 Aviva Investors agrees to purchase Hamburg office building by Released Aviva Investors Real Assets has signed an agreement with Quest investment Partners to purchase an office building under development in Hamburg, Germany.
Transactions | Aug 2, 2019 EQT Infrastructure sells 20 senior care facility portfolio to Primonial REIM by Kali Persall Swiss EQT Infrastructure has sold a portfolio of 20 senior care facilities in Germany.
People | Aug 2, 2019 National Health Investors appoints new director of investor relations by Kali Persall National Health Investors (NHI) has hired Dana Hambly as its new director of investor relations.
Investors | Aug 1, 2019 Maryland pension system reports 6.46% return on investments by Kali Persall The Maryland State Retirement and Pension System has listed a 6.46 percent earnings on its investments for the fiscal year ending June 30.
Fundraising | Aug 1, 2019 Fireside Financial seeks $300m for fourth real estate fund by Kali Persall Illinois-based Fireside Financial is looking to raise $300 million for its newly-launched fund.
Investors | Aug 1, 2019 Pennsylvania pension fund agrees to commit €100m to German real estate firm by Kali Persall The Pennsylvania State Employees’ Retirement Board has approved commitments to two real estate funds.
Transactions | Aug 1, 2019 KKR buys Salesforce Tower in Atlanta by Released KKR has acquired Salesforce Tower in Atlanta.
Investors | Aug 1, 2019 Florida State Board of Administration invests $115m in fund and JV by Kali Persall The Florida State Board of Administration has made two new investments totaling $115 million to one fund and one joint venture.
Investors | Aug 1, 2019 CalSTRS misses investment return target by Kali Persall The California State Teachers’ Retirement System (CalSTRS) has fallen short of its investment return target for the fiscal year ending June 30.
Investors | Aug 1, 2019 Welltower Partners with Balfour Senior Living, acquires $285m senior living portfolio by Andrea Zander Welltower has formed a new relationship with Colorado-based Balfour Senior Living.
Fundraising | Aug 1, 2019 Carroll Organization launches sixth investment vehicle by Andrea Zander Carroll Organization has launched and held a first closing for its sixth fund.
People | Aug 1, 2019 CBRE Global Investors senior executives join Accord by Released Richard Price and Michael Clarke have joined Accord as senior advisers to help further develop the business and expand the firm’s growing portfolio of relationships within Asia Pacific and EMEA, respectively.
Transactions | Aug 1, 2019 Invesco sells SoHo building for $206m by Andrea Zander A venture led by Madison Capital has paid $206 million for the 88,000-square-foot office building in Manhattan.
Transactions | Aug 1, 2019 Invesco-led venture pays $1.2b for Manhattan apartment properties by Andrea Zander A venture of Invesco Real Estate and L+L Development Partners has agreed to purchase and preserve five former Mitchell-Lama developments in Manhattan from Urban American and Brookfield Asset Management.