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Investors | Oct 26, 2023
Bain Capital Special Situations and Smith Hill Capital, an affiliate of Procaccianti Cos., have formed a joint venture to originate debt and preferred equity to serve the financing needs of companies and assets in the hospitality sector.
Investors | Oct 26, 2023
The New Mexico State Investment Council approved an amendment of its contract with Meketa to expand coverage to include real estate debt investments and to reflect increased commitment requirements during its meeting on Oct. 24.
Transactions | Oct 25, 2023
Invesco Real Estate has sold Majestar City Tower B, a Seoul office property located in the Gangnam Business District — known as one of Seoul’s major business districts and one of the best-performing office markets in the city — to a REIT vehicle managed by Koramco for KRW 520 billion ($385 million).