Research | Feb 22, 2024 Strategic Investment Group report explores core functions and costs of an internal investment office by Released Strategic Investment Group has released its report Building Blocks and Costs of an Internal Investment Office.
People | Feb 22, 2024 San Joaquin County Employees appoints new CEO by Lewis Dayton Renee Ostrander is set to be the new CEO at San Joaquin County Employees’ Retirement Association (SJCERA), following Johanna Shick’s retirement, according to a recent Special Meeting document from SJCERA.
Transactions | Feb 21, 2024 Greystone closes $419m financing package for class-A+, mixed-use multifamily complex in Miami by Released Greystone Commercial Capital (GCC) has closed a $419.59 million transaction to refinance Panorama Tower in Miami.
Transactions | Feb 21, 2024 U.S. firm MCR acquires BT Tower in London by Released MCR has agreed to purchase the BT Tower.
Investors | Feb 21, 2024 APG invests in South Korean logistics core by Andrea Zander APG has plans to invest $400 million in South Korea’s first perpetual, open-ended logistics core fund.
Research | Feb 21, 2024 Consumer spending drives investor revival for urban retail in 2024 by Andrea Zander Urban retail is poised for an investor resurgence in 2024, underpinned by robust consumer spending, as well as record-low total retail vacancy.
Research | Feb 21, 2024 Gateway markets, core property types: Not what they used to be by Andrea Zander Atlanta, Dallas and Seattle rank highly as gateway markets, while once “niche” alternative sectors like manufactured housing and single-family rentals may exhibit traits of core property types, according to MetLife Investment Management.
Fundraising | Feb 21, 2024 Crow Holdings closes U.S. Diversified Value-Add Real Estate Fund at $3.1b by Andrea Zander Crow Holdings has held a final close of Crow Holdings Realty Partners X at $3.1 billion of commitments.
Transactions | Feb 21, 2024 CPP Investments sells partial stake in Korea development venture for $245m by Andrea Zander Canada Pension Plan Investment Board (CPP Investments) has agreed to a restructure and sale of a 21 percent partial interest in the Kendall Square Development Venture (KDV I) in South Korea.
Investors | Feb 21, 2024 Alaska Permanent Fund invests $112m in real estate lending joint venture by Lewis Dayton Alaska Permanent Fund, the permanent fund managed by the Alaska Permanent Fund Corporation, has invested $112.5 million toward a new joint venture that is focused on opportunistic lending, according to recent meeting documents.
Investors | Feb 21, 2024 PIC investments $38m in Apex Housing Association by Lewis Dayton Pension Insurance Corporation (PIC), a specialist insurer of defined benefit pension funds in the United Kingdom, has completed a £30 million ($38 million) debt investment in Apex Housing Association.
Investors | Feb 21, 2024 Los Angeles Fire & Police commits $100m to two real estate funds by Lewis Dayton The Los Angeles Fire & Police Pension Fund (LAFPP) has committed $40 million to Kayne Anderson Core Real Estate Fund (KACRE) and $60 million to Cerberus Institutional Real Estate Partners VI (CIREP VI).
Scott Maguire made global head of real estate securities solutions at CenterSquare by Lewis Dayton Scott Maguire has been appointed the new global head of real estate securities solutions at CenterSquare Investment Management.
Transactions | Feb 21, 2024 Barings acquires logistics site in Italy by Released Barings has completed the acquisition, through an existing Italian real estate fund managed by Savills IM SGR, of a parcel of land in northern Italy.
Research | Feb 20, 2024 Interest in seniors housing investments remains strong by Andrea Zander In line with investors’ increased focus on alternative investment sectors across the board, 63 percent of respondents to the fourth quarter 2023 survey indicated they are seeking to increase their exposure to the seniors sector in 2024, according to JLL.
Transactions | Feb 20, 2024 Landmark Properties breaks ground on 1,284-bed student housing community near USC by Released Landmark Properties has begun construction on The Standard at Los Angeles.
Investors | Feb 20, 2024 Invitation Homes to buy $1b homes this year by Andrea Zander Invitation Homes has plans to acquire between $600 million and $1 billion of homes on balance sheet in 2024, according to its Fourth Quarter 2023 Earnings Conference Call.
Other | Feb 20, 2024 QOFs tracked by Novogradac reach $34.09b in equity raised by Andrea Zander Qualified opportunity funds (QOFs) tracked by Novogradac reported $9.68 billion in equity investment in 2022.
Research | Feb 20, 2024 Demand for tech talent fueling growth in European markets, according to CBRE by Andrea Zander Deployment of new technologies such as artificial intelligence is driving the search for skilled tech talent across Europe, according to CBRE.
Investors | Feb 20, 2024 Strategic property management can move needle for institutional investors by Laura Khouri, Western National Property Management Institutional real estate investors are constantly on the lookout for opportunities within the market that yield greater returns — which can be challenging in times of economic uncertainty, like today. To capture the attention (and capital) of this investment cohort, many multifamily owners are looking to increase NOI and are achieving it through strategic operational analysis and adjustments.
