Fundraising | Feb 5, 2016 Heitman launches €250m European residential fund by Andrea Waitrovich Heitman has announced the first close of its new European residential fund.
Recent commercial real estate transactions by Andrea Waitrovich The largest transactions were two office properties in New York City.
Transactions | Feb 4, 2016 TIAA-CREF pays $453m for three-property portfolio by Andrea Waitrovich TIAA-CREF has closed its three-property portfolio purchase with Alexandria Real Estate Equities.
Investors | Feb 4, 2016 NYSCRF invests $1b in real estate by Andrea Waitrovich The $173.5 billion New York State Common Retirement Fund approved more than a $1 billion in real estate investments.
Transactions | Feb 4, 2016 Hersha sells seven Manhattan hotels for $571m by Andrea Waitrovich Hersha Hospitality Trust has agreed to form a joint venture with Cindat Capital Management that will own seven limited-service hotels.
Transactions | Feb 4, 2016 Thai hotel group enters Europe with €294m Portuguese deal by Andrea Waitrovich Asian hotel investor Minor Hotel Group has entered the European and Latin American markets.
Research | Feb 4, 2016 CMBS delinquency drops in January by Loretta Clodfelter The CMBS delinquency rate fell 82 basis points in January, according to Trepp, to reach 4.35 percent.
Transactions | Feb 3, 2016 Ares fund pays €200m for French outlet malls by Andrea Waitrovich A real estate fund managed by Ares Management has acquired two designer outlet centers in France.
Transactions | Feb 3, 2016 Phoenix hotel to sell for $300m by Andrea Waitrovich An affiliate of Thayer Lodging Group is in contract to purchase a hotel in Phoenix.
Investors | Feb 3, 2016 Philadelphia retirement fund seeks general investment consultant by Zoë Wolff The $4.6 billion Philadelphia Board of Pensions and Retirement is seeking a general investment consultant.
Commodities | Feb 2, 2016 TIAA-CREF to create global real assets division by Andrea Waitrovich TIAA-CREF Asset Management announced plans to form a new business unit focused exclusively on expanding its capabilities in real assets.
Investors | Feb 2, 2016 Florida commits $350m to real estate by Zoë Wolff The $184.7 billion Florida State Board of Administration has committed a total of $350 million to two real estate funds.
Research | Feb 2, 2016 Airbnb users spent $2.4b on U.S. lodging in 2015 by Andrea Waitrovich Airbnb’s presence in key markets throughout the United States is growing at a rapid pace, with users spending $2.4 billion on lodging in the U.S. over the past year.
Investors | Feb 2, 2016 Texas pension fund commits $20m to Asia Pacific real estate fund by Zoë Wolff The $2.02 billion Forth Worth Employees’ Retirement Fund has committed $20 million to an Asia real estate fund.
Transactions | Feb 1, 2016 South Korean investors to buy Paris office building by Andrea Waitrovich A real estate fund investing on behalf of Samsung Group’s financial units is in talks to purchase the 355,000-square-foot So Quest office building in northwestern Paris.
Investors | Feb 1, 2016 New Jersey commits $100m to real estate debt by Zoë Wolff The $74.2 billion New Jersey Division of Investment has committed $100 million to a real estate debt fund.
Investors | Feb 1, 2016 SBCERA allocates $120m to real estate by Zoë Wolff The $8.1 billion San Bernardino County Employees’ Retirement Association has allocated $120 million for real estate commitments in 2016.
Fundraising | Feb 1, 2016 Niam fund holds €800m final close by Andrea Waitrovich Nordic private equity firm Niam has completed fundraising for its opportunistic real estate fund.
Transactions | Jan 29, 2016 Recent commercial real estate transactions by Andrea Waitrovich The largest transactions were an office complex and an apartment property in Chicago and New York City.
Transactions | Jan 28, 2016 World Wide Group buys Brooklyn apartment for $103m by Andrea Waitrovich World Wide Group has purchased an apartment building in Brooklyn for $103 million.
