Transactions | Feb 7, 2024 Nuveen Real Estate completes €35m green loan for Amsterdam life sciences development by Released Nuveen Real Estate has agreed to provide a €35 million ($38 million) senior secured loan to Breakthrough Properties.
Transactions | Feb 7, 2024 Walker & Dunlop Funds $380m credit facility for The Scion Group JV by Released Walker & Dunlop, Inc. has funded a new $380 million credit facility for the refinance of 11 student housing properties.
Research | Feb 7, 2024 Allen Matkins/UCLA Anderson forecast California CRE survey finds adaptive reuse of office buildings is on the rise by Released The Winter 2024 Allen Matkins/UCLA Anderson Forecast California Commercial Real Estate Survey has revealed that nearly a quarter (21 percent) of California real estate owners and operators plan to redevelop existing office space over the next three years.
Investors | Feb 7, 2024 Jacksonville Police & Fire commits $15m to Harrison Street real estate fund by Lewis Dayton The Jacksonville Police & Fire Pension Fund (JPFPF) committed $15 million to Harrison Street Partners Fund IX (HSPF IX) during its Jan. 26 Board of Trustees meeting.
Research | Feb 7, 2024 CBRE report: Looks ahead in industrial sector for 2024 by Lewis Dayton Rent growth for the U.S. industrial market is projected to moderate to eight percent in 2024, says a report from CBRE that looks at the year ahead for the sector.
People | Feb 7, 2024 Celine Chiovitti is named chief pension officer at Ontario Employees by Lewis Dayton Celine Chiovitti has been named the chief pension officer at Ontario Municipal Employees’ Retirement System (OMERS).
People | Feb 6, 2024 John Lillard, real estate veteran, passes away by Released John Stoll Lillard, who headed up JMB’s institutional real estate group in the 1980s, died peacefully at home on Jan. 30, 2024.
Investors | Feb 6, 2024 CapitaLand-backed The Work Project, Dexus to expand Australia’s flex office market by Released The Work Project (TWP), Asia’s homegrown premium flex working solutions operator majority owned by CapitaLand, has entered into an agreement with Australian property giant Dexus Place to form Australia’s first joint venture premium flex co-working operator.
Research | Feb 6, 2024 Schroders: Markets may be overestimating the pace of U.S. rate cuts by Released The United States has finally shown signs of cooling in the fourth quarter of 2023, and we have seen the U.S. economy move into a phase of slower growth, according to Schroders.
Transactions | Feb 6, 2024 Cheyne provides €167m debt funding for third Riverstone later living development by Released Cheyne Capital Real Estate has provided a £143 million (€167 million/$180 million) development loan to Riverstone for its latest residence, which is on The Bishops Avenue, Hampstead Heath, North London.
Research | Feb 6, 2024 Oxford Economics: U.S. REITs set to outperform the euro zone and U.K. in first half by Andrea Zander Global REIT prices will continue to grow during the first half 2024.
Investors | Feb 6, 2024 H.I.G. Realty establishes €1b resort hotel platform in southern Europe by Released H.I.G. Capital and several of its affiliates have combined their hotel assets to create Ella Hotels & Resorts.
People | Feb 6, 2024 Two Harbors Investment Corp. CFO to retire by Released Mary Riskey intends to retire from her position as vice president and CFO of Two Harbors Investment Corp.
Transactions | Feb 6, 2024 Carlyle provides €135m development loan for Round Hill Capital’s 488-unit Manchester BTR by Released Carlyle’s Global Credit platform has provided Round Hill Capital with a £115 million (€135 million/$145 million) development loan to fund the construction of Fairfax.
Research | Feb 6, 2024 Moody's: 2023 finishes as the worst year on record for CMBS office maturities by Andrea Zander In December, approximately $319.8 million of CMBS office debt reached its fully extended maturity date, the second-lowest monthly amount this year, according to Moody’s Analytics.
People | Feb 6, 2024 Illinois State Board of Investment appoints Dipesh Mehta as CIO by Released Completing an extensive recruitment and search process, the Board of Trustees of the Illinois State Board of Investment (ISBI) has officially announced the appointment of Dipesh Mehta as the executive director and CIO, effective January 1, 2024.
Investors | Feb 5, 2024 King Street to invest €270m of equity in residential projects in Spain by Released AEDAS Homes, a homebuilder in Spain, and King Street Capital Management have signed an agreement to invest up to €270 million ($290 million) of equity to develop new-build residential projects.
Investors | Feb 5, 2024 LaSalle, Swiss Life Asset Managers complete logistics joint venture by Released LaSalle Investment Management and Swiss Life Asset Managers complete a joint venture focusing on the German logistics market.
Transactions | Feb 5, 2024 Hines to develop 1.2msf distribution center near Houston by Released Hines has plans to develop a 1.2 million-square-foot distribution center (DC) in Hockley, Texas in 2026.
Transactions | Feb 5, 2024 CTP expands Germany portfolio with acquisition of industrial park by Released CTP has expanded its Germany portfolio.
