Fundraising | Jan 13, 2015 UPDATED: CIM exceeds fundraising target by Reg Clodfelter The CIM Group has raised more than $2.4 billion for the firm's eighth fund.
Research | Jan 12, 2015 Unemployment drops 0.2% in December, ends year at 5.6% by Reg Clodfelter The U.S. unemployment rate dropped 0.2 percent in December, ending 2014 at 5.6 percent.
Transactions | Jan 12, 2015 Properties in China change hands for $663m by Andrea Waitrovich Two properties in China are under contract to be sold in separate deals for a total of $662.7 million.
Transactions | Jan 12, 2015 Two D.C. offices sell for $510m by Andrea Waitrovich Dweck Properties Ltd. is under contract to sell two properties in Washington, D.C., for a sales price of $510 million.
Investors | Jan 9, 2015 Texas pension plans commit $70m to real assets by Reg Clodfelter Three Texas-based pension plans have made commitments to real assets funds with an aggregate value of $70 million.
Transactions | Jan 9, 2015 Recent commercial real estate transactions by Andrea Waitrovich The largest transactions were an office property in New York City and a retail center in Mililani, Hawaii.
Research | Jan 8, 2015 CMBS delinquency rate falls 168 basis points in 2014 by Reg Clodfelter Over the course of 2014, the CMBS market reached almost $100 billion in deals.
Research | Jan 8, 2015 2014 proved to be stellar year for REITs by Reg Clodfelter The FTSE NAREIT All Equity REITs index capped off a stellar 2014 with a December that saw a 1.26 percent return, bringing the index's 2014 total return to 28.03 percent.
Transactions | Jan 8, 2015 LGP acquires three properties for £219m by Andrea Waitrovich Legal & General Property, on behalf of its open-end £2.2 billion ($3.33 billion) Managed Property Fund, has completed the off-market purchase of three U.K. properties.
Transactions | Jan 7, 2015 Spanish firm buys London office for £265m by Andrea Waitrovich The real estate arm of a Spanish billionaire has acquired its second trophy office in London's West End in a sale-leaseback transaction.
Investors | Jan 7, 2015 New York City returns to top spot for foreign investors' capital by Andrea Waitrovich New York City has returned to its long-held slots as both the number one global and number one U.S. city for investment in real estate.
Investors | Jan 7, 2015 Ohio commits $350m to real estate, makes new hire by Reg Clodfelter An Ohio employees retirement system has committed $350 million to real estate, divided between three managers, and hired a REIT portfolio manager.
Research | Jan 6, 2015 Office CMBS to have highest losses among property types by Reg Clodfelter Despite the fact that CMBS backed by loans on office buildings had the lowest realized losses to date at 3.6 percent, those securities are expected to have the highest losses among property types going forward.
Fundraising | Jan 6, 2015 Moorfield raises in excess of target for MREF III by Andrea Waitrovich Moorfield Group has held a final close for Moorfield Real Estate Fund III.
Fundraising | Jan 6, 2015 Wolff holds final close for debt fund by Andrea Waitrovich The Wolff Co. has held a $230 million final close.
Fundraising | Jan 6, 2015 Noble Investment markets third hotel fund by Andrea Waitrovich Noble Investment Group has a third hotel fund in market, according to a filing with the SEC.
Transactions | Jan 5, 2015 PREIT to sell 13 properties for more than $420m by Andrea Waitrovich Pennsylvania REIT has sold eight properties for $191.7 million and plans to sell another five retail properties for approximately $228.3 million.
Transactions | Jan 5, 2015 Two European portfolios sell for $1.2b by Andrea Waitrovich Two separate portfolio acquisitions were completed at the end of 2014, totaling €1.02 billion ($1.21 billion) in sales price.
Fundraising | Jan 5, 2015 Megafund nears final close by Reg Clodfelter A Texas-based firm has raised $5 billion for its natural resources fund.
Investors | Jan 5, 2015 GIC partners on global real estate deals by Jennifer Molloy A major sovereign wealth fund has diversified its global real estate holdings via a number of acquisitions and joint ventures during fourth quarter 2014.
