What are the new core alternatives? by Alex Frew McMillan When business districts hollowed out at the height of the COVID-19 pandemic, and downtowns became ghost towns, a top-flight office building in a gateway city, filled with blue-chip financial clients, lost its luster. Those assets, once the ideal institutional holding, suddenly became liabilities.
UK single-family housing subsector adds new impetus to residential market by Chris Anderson In the UK real estate market, a notable shift is taking place, with more attention falling on single-family rental (SFR).
Investors | Jan 1, 2024 Amid the climate crisis, tech is no longer a nice-to-have for property investors by Michael Beckerman One of the biggest themes that came out of CREtech New York, a conference dedicated to real estate innovation and sustainability that was held over 19 to 21 September, was the risk of climate change to not only the built environment, but to real estate investors themselves, writes Michael Beckerman, CEO of CREtech.
People | Dec 22, 2023 Brian Collett to retire as CIO of Missouri LAGERS in Jan. 2024 by Released The Missouri Local Government Employees Retirement System (LAGERS) has announced the retirement of Brian Collett, chief investment officer, effective January 31, 2024.
Investors | Dec 22, 2023 Texas Retirement lowers real estate commitment target in 2024 pacing plan by Lewis Dayton The Texas Municipal Retirement System is targeting to commit $200 million toward real estate, according to its recent board-meeting agenda.
Transactions | Dec 22, 2023 Tishman Speyer acquires Union West in Chicago by Released Tishman Speyer has acquired Union West, a recently-constructed, 15-story luxury residential tower in Downtown Chicago’s popular West Loop neighborhood.
Research | Dec 22, 2023 RCLCO: 2024 looking better than before by Released The RCLCO Current Real Estate Market Sentiment Index (RMI) which is measured on a 100-point scale, has remained flat over the past six months.
Transactions | Dec 22, 2023 Harrison St. acquires 2 new student housing assets in British Columbia by Released Harrison Street has continued expansion in Canada through two student housing transactions in British Columbia.
CBRE Investment Management acquires student housing complex in Milan by Released CBRE Investment Management, on behalf of a fund sponsored by the firm, has acquired a student housing complex, providing 448 rooms (580 beds) in Milan.
Transactions | Dec 22, 2023 Walton Global acquires 111-acre parcel in Maricopa, Ariz. by Released Walton Global has acquired Elena Trails.
People | Dec 22, 2023 Vertical Bridge REIT promotes two executives by Released Vertical Bridge REIT has announced the promotions of Bob Glosson to executive vice president and COO, and Blair Crawford to executive vice president of leasing and marketing, effective Jan. 1, 2024.
Transactions | Dec 22, 2023 Nrep pays €100m for 17 healthcare properties by Released Special investment fund eQ Community Properties Fund has sold 17 healthcare properties to a fund represented by the Nordic real estate investor Nrep.
Investors | Dec 21, 2023 Hines fund captures $88m from Border to Coast and holds final close by Lewis Dayton Border to Coast Pensions Partnership (Border to Coast), the largest U.K. local government pension scheme, committed €80 million ($87.6 million) to Hines European Real Estate Partners III (HEREP III), as part of HEREP III’s final closing at the end of November 2023.
Research | Dec 21, 2023 Construction starts hit 10-month low, declining 15% in November by Andrea Zander Total construction starts fell 15 percent in November.
Transactions | Dec 21, 2023 JLL closes $110.25m sale of class-A warehouse in central Pennsylvania by Released JLL Capital Markets announced that it has closed the $110.25 million sale of 84 Zions View Road, a class-A warehouse/distribution property totaling 1 million square feet in Manchester, Pa.
Transactions | Dec 21, 2023 Healthpeak Properties receives entitlements for additional 1.3msf of development at the Vantage campus in South San Francisco by Released Healthpeak Properties has received approval of entitlements for Phases II and III of its purpose-built lab development campus, Vantage, in South San Francisco.
Transactions | Dec 21, 2023 AXA IM Alts JV acquires multifamily asset in Orlando by Released AXA IM Alts has acquired a 285-unit multifamily asset in Florida on behalf of clients.
Transactions | Dec 21, 2023 JPMREIT acquires newly constructed single-family rental townhomes in Venice, Fla. by Released J.P. Morgan Real Estate Income Trust has announced the acquisition of an initial tranche of 36 townhomes in Fiore, Fla.
Transactions | Dec 21, 2023 Silver Star Properties REIT makes first acquisition in the self-storage space by Released Silver Star Properties REIT announced that it acquired two self-storage facilities located at 2505 Southwest Freeway and 4250 Southwest Freeway inside the Loop 610 in Houston.
Research | Dec 21, 2023 Deal volume declined by 23.6 percent from 2022 to 2023 by Lewis Dayton There was a decline of 23.6 percent from 2022 to 2023 for deals (mergers & acquisitions (M&A), private equity and venture financing) made from January to November in the respective years, according to a data report from GlobalData.
