FOMC discusses eventual interest rate hike by Reg Clodfelter The Federal Open Markets Committee concluded its two-day session Sept. 17 and issued projections pointing to the eventual and inevitable normalization of interest rates.
Tallahassee commits to forestland manager by Reg Clodfelter The City of Tallahassee (Fla.) Pension Plan has committed $30 million to Molpus Woodlands Group to be the pension plan's first timber manager.
Blackstone to sell German office for €250m by Andrea Waitrovich The Blackstone Group has agreed to acquire Messeturm, an office property located in Frankfurt.
OECD recommends QE for euro area by Reg Clodfelter The Organization for Economic Development & Cooperation has recommended that the European Central Bank employ more monetary support in the euro area.
Boston Properties sells stake in three office assets by Andrea Waitrovich Boston Properties has agreed to sell a 45 percent interest in three office buildings to affiliates of Norges Bank Investment Management for a gross purchase price of approximately $1.5 billion in cash.
SC Capital raises $365m for fourth fund by Andrea Waitrovich Singapore private equity firm SC Capital Partners has raised $365.5 million for its pan-Asia opportunity real estate fund series, Real Estate Capital Asia Partners IV.
RMBS escapes serious losses from Northern California earthquake by Reg Clodfelter August's earthquake in Northern California has damage estimates of $1 billion, with as much as half of it to residential real estate, but it is unlikely to cause serious losses to RMBS.
LMIR buys Indonesian mall for $308m by Andrea Waitrovich LMIRT Management has sold Lippo Malls Kemang, a 639,134-square-foot mall in South Jakarta, Indonesia.
Chinese group to invest in Hawaiian development site by Andrea Waitrovich Hawaiian developer The Resort Group has formed a partnership with Chinese investment group Reignwood International to develop 1,100 acres of Kauai's Princeville Resort in Hanalei, Hawaii.
SL Green JV to sell Manhattan office by Andrea Waitrovich SL Green Realty Corp. and joint venture partner The Moinian Group have plans to sell 180 Maiden Lane, 1.1 million-square-foot office property in Manhattan.
Fundraising | Sep 15, 2014 Kennedy Wilson raises $159m for newly launched fifth fund by Reg Clodfelter Kennedy Wilson has raised $158.5 million for its newly launched Kennedy Wilson Real Estate Fund V, according to a filing with the SEC.
Fundraising | Sep 15, 2014 Energy Spectrum raises $784m for seventh fund by Reg Clodfelter Energy Spectrum Capital has raised $783.9 million for Energy Spectrum Partners VII, according to a filing with the SEC.
Fundraising | Sep 15, 2014 CarVal Investors closes fourth real estate fund after raising $205m by Reg Clodfelter CarVal Investors has closed its fourth real estate fund, CVI Real Estate Value Fund IV, after raising $205 million in commitments.
Transactions | Sep 15, 2014 Alecta buys two Stockholm properties by Andrea Waitrovich Alecta is under contract to acquire an office property and a hotel located in Stockholm.
Transactions | Sep 15, 2014 Two Spanish portfolios selling for €192m by Andrea Waitrovich Two separate portfolios with properties located in Spain have sold for a total of €192 million ($248.6 million).
Transactions | Sep 12, 2014 Recent commercial real estate transactions by Andrea Waitrovich The largest transactions are an office property in San Francisco and an apartment complex Los Angeles.
Transactions | Sep 12, 2014 DeAWM buys Manhattan office tower valued at $502m by Andrea Waitrovich Deutsche Asset & Wealth Management has acquired a majority interest in 222 Broadway in New York City for one of its investment funds.
Investors | Sep 11, 2014 Townsend recommends LACERS invest $140m in core real estate by Reg Clodfelter The $13.9 billion Los Angeles City Employees' Retirement System has received a recommendation from its real estate consultant to commit $35 million each to four separate open-end core real estate funds.
Transactions | Sep 11, 2014 Paramount buys second S.F. office for $395m by Andrea Waitrovich Paramount Group has acquired 50 Beale St., a class A office building located in San Francisco's South Financial District.
Investors | Sep 11, 2014 Connecticut commits $100m to opportunistic fund by Reg Clodfelter The $28.8 billion Connecticut Retirement Plans and Trust Funds has committed $100 million to Starwood Capital.
