Transactions | Aug 20, 2024 RIDA Development Corp., Ares Management Real Estate acquire Hyatt Regency Orlando for $1b by Released Affiliates of RIDA Development Corp. and an Ares Management Real Estate fund have acquired the 1,641-room Hyatt Regency Orlando and adjacent 45 acres of land for approximately $1.07 billion.
Transactions | Aug 20, 2024 Fusion and Cheyne acquire second Brent Cross Town site for €323m PBSA scheme by Released Fusion Group and Cheyne Capital have jointly acquired a second site for purpose-built student accommodation (PBSA) in Brent Cross Town.
People | Aug 20, 2024 Ted Eliopoulos joins Prologis as managing director, strategic capital by Released Ted Eliopoulos has joined Prologis as managing director, strategic capital.
Transactions | Aug 20, 2024 KKR acquires U.S. portfolio of six class a industrial warehouses for $377m by Released KKR has acquired a portfolio of six well-located, class A industrial logistics properties in major U.S. Gateway and Sun Belt markets for approximately $377 million.
Transactions | Aug 20, 2024 Ascentris, PENLER JV makes first acquisition by Released Ascentris and Atlanta-based multifamily investor PENLER have acquired Reserve Decatur, a 2016 vintage, 298-unit, five- and six-story, class A multifamily property in Decatur, Ga.
Research | Aug 20, 2024 U.S. multifamily market shows resilience as vacancy rate stabilizes by Released The U.S. multifamily market is demonstrating resilience and growth as the vacancy rate stabilizes after two years of quarterly increases, with expectations of declining rates in the coming months, according to CBRE’s latest research.
Research | Aug 20, 2024 Commercial real estate lending market fundamentals improve in second quarter 2024 by Released The commercial real estate lending market continues to show signs of improvement, driven by acquisition financing in the industrial and multifamily sectors, reduced credit spreads with expectations of interest rate adjustments, and the growing demand for large-scale data center construction loans due to advancements in AI technology, according to the latest research from CBRE.
Fundraising | Aug 19, 2024 Pearlmark announces first closing of sixth mezzanine fund by Released Pearlmark has held a first closing of its sixth high-yield credit investment fund, Pearlmark Mezzanine Realty Partners VI, L.P.Â
Transactions | Aug 19, 2024 Aware Real Estate makes $402m acquisition with Barings partnership by Andrea Zander Aware Real Estate has expanded its industrial real estate footprint in Victoria, Melbourne, Australia.
Transactions | Aug 19, 2024 Quadrant and Singaporean investor acquire London office as part of office portfolio strategy by Released Quadrant has acquired 6 Gracechurch Street, in the City of London, in partnership with a private Singapore-based family office as part of a new mandate.Â
Transactions | Aug 19, 2024 EQT to acquire real estate platform PropertyGuru in $1.1b deal by Andrea Zander Swedish investment firm EQT AB has plans to acquire PropertyGuru in an all-cash deal.
Transactions | Aug 19, 2024 West Chelsea luxury condominium project secures $1.153b for refinancing by Released Witkoff, Access Real Estate, and Monroe Capital have secured a $1.153 billion refinancing for One High Line, the luxury condominium project in West Chelsea, New York City.Â
Investors | Aug 19, 2024 CBRE Investment Management awarded €587m global real estate mandate by Wales Pension Partnership by Released CBRE Investment Management has been awarded a £500 million (€587 million/$650 million) global real estate mandate by the Wales Pension Partnership (WPP). Â
Investors | Aug 19, 2024 Elmtree funds CEO discusses high-barrier, high-opportunity investments in cold storage by Andrea Zander In an exclusive Q&A, Jim Koman, CEO and Founder of ElmTree Funds, reflected on the firm’s notable milestones, strategic direction and industry trends for 2024.Â
Transactions | Aug 19, 2024 Ardian completes first residential real estate investment in Spain with Madrid acquisition by Released Ardian has completed a prime property in the center of Madrid, its first transaction in the residential sector in Spain.
Transactions | Aug 19, 2024 EQT Exeter Real Estate Income Trust announces two industrial acquisitions totaling over $245m by Released EQT Exeter Real Estate Income Trust has made two strategic acquisitions, 3327 E Harrisburg Pike in Middletown, Penn., for more than $170 million and 1500 Shoals Way in Portland, Tenn., for $75 million.
Transactions | Aug 16, 2024 Harrison Street acquires $200m-plus, 19-property self-storage portfolio by Andrea Zander Harrison Street has acquired an off-market self-storage portfolio comprising 19 properties and 1.4 million square feet located throughout the Southeast for more than $200 million.Â
Research | Aug 16, 2024 Savills: U.K. investment volumes to rise, with cross-border buyers boosted by interest-rate cut and rental growth across the board by Released The United Kingdom’s commercial investment volumes and values will start to improve shortly, according to Savills, after the first reduction in the Bank of England base rate at the start of August.
People | Aug 16, 2024 Melanie Warren joins AEW’s growing investor relations team by Released Melanie Warren has joined the AEW Capital Management’s investor relations group, based in the Boston headquarters.
Research | Aug 16, 2024 New survey of U.S office workers reveals strong preference to work in the office by Released Lincoln Property Co. has released its Office Views: What Employees Value Most report.
