Newsline

CoreCivic has sold two detention facilities for $1.5 billion.

The Los Angeles Department of Water & Power Employees Retirement Plan (WPERP) has committed $75 million to Longpoint Fund IV, a program of Longpoint Partners.

The Michigan Office of Retirement Services (ORS) has committed $50 million to Avanth Affordable Housing Renaissance Fund, a vehicle of Avanth Capital Management.

The Teacher Retirement System of Texas (TRS) has committed $20 million to Inceptiv Second Empire.

The Pennsylvania Public School Employees’ Retirement System (PSERS) has shown strong long-term annualized investment returns, demonstrating returns of 8.5 percent throughout a three-year period, 7.4 percent through five years and 8.4 percent through 10 years, as of March 31.

Ascendant Capital Partners has acquired an eight-hotel portfolio from Coastal Hospitality Associates.

S3 Capital has originated a $111 million construction loan to finance the development of Sense22, a 36-story luxury multifamily development located at 114-138 NE 22nd St. in Edgewater, Miami. JLL Capital Markets Managing Director Max La Cava worked on behalf of HA Emprendimientos to arrange the financing. 

Senior housing occupancy neared 90 percent in the second quarter of 2026, according to an analysis by the National Investment Center for Seniors Housing & Care (NIC) of newly released data from NIC MAP. NIC experts say the near-total capacity in U.S. senior housing is a reflection of demand outpacing construction.

PGIM has provided $288.4 million in floating-rate refinancing on behalf of its core-plus strategy for an eight-asset industrial portfolio across the United States.

Artificial intelligence (AI) companies have leased more London office space in the first half 2026 than they did during the whole of last year, according to new data from Knight Frank, as the sector shifts from start-up and flexible workspace into large permanent headquarters and adds fresh pressure to the capital’s undersupplied prime office market.

Blue Owl Capital has announced that funds managed by Blue Owl, together with Moor Park Capital Partners, have successfully completed the acquisition of a portfolio of 12 acute-care hospitals operated by Spire Healthcare Group plc, a U.K.-based private hospital operator.

Vietnam’s real estate market continues to demonstrate strong appeal to foreign investors in the first half of 2026, despite facing numerous challenges from the global macroeconomic environment.

Stanhope, the development and asset manager, and Norges Bank Investment Management, which invests on behalf of Norway’s sovereign wealth fund, will work together to optimize NBIM’s returns relating to commercial assets across London and Paris.

M&G Real Estate has acquired two serviced apartment assets in Berlin and Bielefeld.

An affiliate of Inland National Development Co., a member company of The Inland Real Estate Group of Cos. has sold Tru by Hilton Holland and Home2 Suites by Hilton Holland for a combined sales price of $32 million.

Trade policy pressures and geopolitical disruptions are driving construction costs above earlier forecasts, with further acceleration likely in the second half of 2026.

Dealpath, the AI-powered operating system for real estate investing, has released findings from a new survey of institutional real estate investors on the impact of AI on investment decisions. The survey’s findings reveal the gap between AI adoption and measurable returns, why data infrastructure limits results, the output verification tax firms are paying, and next steps to resolve these inefficiencies.

A new report published by Turner & Townsend reveals the growth of artificial intelligence (AI) infrastructure, including soaring demand for data centers, is squeezing global construction market capacity, adding to skilled labor shortages. This is expected to drive rapid job creation and the introduction of innovative new construction approaches in the coming years.

Merritt Properties has announced a $750 million strategic investment led by global investment firm Centerbridge Partners. This includes dedicated growth capital to support the continued expansion of the company’s shallow-bay industrial portfolio across existing markets and into select new markets.

Sabey Corp. and National Real Estate Advisors have announced that Ares Secondaries funds have made a minority equity investment in Sabey Data Center Properties, an owner, developer and operator of data centers across the United States.