Research | May 8, 2025 JLL’s Rob Hinckley and Jeffrey Julien see investor confidence, capital returning to NYC multifamily by Andrea Zander After two subdued years in New York City’s multifamily market, a rebound is taking shape as investors return with renewed confidence and capital. JLL senior managing directors Rob Hinckley and Jeffrey Julien cite stabilizing borrowing costs, tightening rental supply and improving price discovery as key drivers of the recovery.
Fundraising | May 7, 2025 TPG Angelo Gordon raises nearly $2.5b for Europe real estate strategy by Andrea Zander TPG Angelo Gordon has closed its TPG AG Europe Realty Fund IV, nearly $2.5 billion, including $2.27 billion in capital commitments and an additional $214 million in co-invest capital.Â
Fundraising | May 7, 2025 The Green Cities Co. announces first closing of Green Cities Debt Fund I by Released The Green Cities Company, an institutional real estate investment management firm known for multifamily investment, operations, and development expertise, as well as industry-leading ESG practices, has announced the first closing of their newly launched credit fund, Green Cities Debt Fund I.
People | May 7, 2025 Rory Morrison joins PGIM Real Estate as head of core strategies for European platform by Andrea Zander PGIM Real Estate has appointed Rory Morrison as head of core strategies for its European platform.
Transactions | May 7, 2025 Loci Capital co-invests with Bateh Perry on luxury rental townhome project in Jacksonville, Fla. by Released Affiliates of Bateh Perry Real Estate Investors and its co-investment partner, Loci Capital, have broken ground on their Viridian Southside Quarter, a luxury rental townhome community in Hines’ Southside Quarter master-planned project in Jacksonville, Fla.
Fundraising | May 7, 2025 Black Chamber Partners’ data center fund closes above $2b by Kali Persall BlackChamber Real Estate Opportunity Fund Il, an opportunistic real estate fund focused on the development of hyperscale data centers in the United States, has held a final close.
Transactions | May 7, 2025 Stoneweg acquires Comèdia cinema building in Barcelona for €100m project by Released Stoneweg has completed the purchase of the historic Comèdia cinema building, located at the junction of Passeig de Grà cia and Gran Via in Barcelona.
Transactions | May 7, 2025 Bain Capital, Botanic Properties acquire Greater Boston property for biomanufacturing conversion by Released Bain Capital’s Real Estate team and Botanic Properties have acquired 45 Crosby Drive in Bedford, Mass.Â
People | May 7, 2025 Karen Brennan named CEO of JLL’s leasing advisory business globally by Released JLL has made two senior leadership appointments, effective July 1, 2025.Â
Transactions | May 7, 2025 Alterra IOS to develop remediation facility in Philadelphia by Released Alterra IOS, a company focused on the industrial outdoor storage sector, has unveiled a $40 million soil clean-washing facility in South Philadelphia in partnership with Eco Materials, an innovator in construction resource recovery.
People | May 6, 2025 Alexander Knapp joins Norges Bank Investment Management global head of real estate by Andrea Zander Norges Bank Investment Management has named Alexander Knapp as its new global head of real estate, according to a LinkedIn post.
Transactions | May 6, 2025 Barings completes sale of four U.K. logistics assets by Released Barings, on behalf of a strategy to acquire core European real estate, has completed the sale of four logistics assets in Bristol, Daventry, Warrington and Nottingham. The portfolio was sold off-market to joint venture partners Copley Point Capital and Sixth Street.
Investors | May 6, 2025 Nrep invests in Swedish care home developer Sehlhall, with €700m portfolio target by Released Urban Partners’ real estate investment arm Nrep has, through its NSF V fund, has entered into a strategic partnership with Swedish care home developer Sehlhall Fastigheter.
Fundraising | May 6, 2025 WNC & Associates closes $228m affordable housing fund across 17 states by Released WNC & Associates (WNC) has closed WNC Institutional Tax Credit Fund 57, L.P. (Fund 57), a $228 million fund which includes 26 multi-family properties across 17 states.
People | May 6, 2025 Inland Investments promotes Jon Hoeg to SVP, portfolio manager - private funds by Released Inland Real Estate Investment Corp. has promoted Jon Hoeg to senior vice president, portfolio manager - private funds.
People | May 6, 2025 Will McIntosh retires from Affinius Capital by Andrea Zander Will McIntosh has retired from his role as global head of research at Affinius Capital.
Research | May 6, 2025 U.S. multifamily recovery continues as vacancy rate falls, new construction slows by Released The U.S. multifamily market continues to rebound, driven by robust absorption and a declining national vacancy rate, according to CBRE’s latest research.
Fundraising | May 6, 2025 Cross Lake Real Estate Fund IV closes with $237m by Elise Mackanych Cross Lake Real Estate Fund IV, a vehicle of Cross Lake Partners closed with $237 million in equity in March 2025, according to an announcement from the firm.
Investors | May 6, 2025 MaCauley Studdard of ElmTree Funds highlights resilience, selectivity in industrial real estate by Andrea Zander MaCauley Studdard, managing director at ElmTree Funds, shares how institutional investors are approaching industrial real estate with a focus on resilience and long-term growth.
Transactions | May 5, 2025 CapitaLand Integrated Commercial Trust divests CapitaSpring’s serviced residence component at an agreed property value of $217m by Released CapitaLand Integrated Commercial Trust (CICT) and its joint venture partners are divesting CapitaSpring’s serviced residence component to unrelated third parties at an agreed property value of S$280.0 million ($217 million).Â
