Investors | Oct 30, 2023 How law firms are working with investors in today’s distressed asset environment by Lewis Dayton Restructuring capital and recapitalizing distressed assets can be a difficult process at any time.
People | Oct 27, 2023 Värde appoints Brad Bauer to co-CEO by Released Värde Partners has announced that Brad Bauer has joined Ilfryn Carstairs to lead the firm as co-CEO.
Transactions | Oct 27, 2023 JLL secures $869m to refinance a 25-asset class-A bulk industrial portfolio across U.S. by Released JLL’s Capital Markets group has arranged a total of $869 million in financing for a 25-property bulk industrial portfolio totaling 11.4 million square feet in 13 major industrial markets across the United States.
Transactions | Oct 27, 2023 Lodging REIT sells Boston hotel for $370m by Andrea Zander Sunstone Hotel Investors, a lodging REIT, has sold the 1,060-room Boston Park Plaza for $370 million, or approximately $350,000 per key.
Investors | Oct 27, 2023 Princeton University’s endowment yields 1.7% loss for fiscal year by Lewis Dayton Princeton University’s endowment, valued at $34.1 billion, reported a 1.7 percent investment loss for the fiscal year that ended June 30.
Investors | Oct 27, 2023 University of Michigan endowment reports 5.2% return for fiscal year by Lewis Dayton The University of Michigan’s endowment, valued at $17.9 billion, generated a 5.2 percent return for the fiscal year that ended June 30.
Investors | Oct 27, 2023 NYSTRS commits $250m towards real estate funds by Lewis Dayton The New York State Teachers’ Retirement System (NYSTRS) has committed $150 million to a Raith Real Estate Debt Separate Account Upsize, $50 million to Penwood Select Industrial Partners (PSIP) VII, and $50 million to Pennybacker VI.
People | Oct 27, 2023 Illinois Police hires Dean Hagan as investment officer by Lewis Dayton The Illinois Police Officers’ Pension Investment Fund (IPOPIF) announced that Dean Hagan has joined the fund as an investment officer.
Investors | Oct 27, 2023 U.S. real GDP sees 4.9% increase in quarter; momentum which will likely fade by Lewis Dayton Real gross domestic product in the United States increased at an annual rate of 4.9 percent in the third quarter, according to the “advance” estimate released by the Bureau of Economic Analysis.
Research | Oct 27, 2023 Growth and diversity in the living sector: Significant opportunities for real estate investors by Andrea Zander Over the course of the past two decades, the institutionally owned residential sector in the United States and Europe has evolved from a focus on traditional apartments.
Transactions | Oct 27, 2023 Infinaxis Data Center Platform breaks ground on facility in Malaysia by Kali Persall Infinaxis Data Centre Platform has broken ground on its first data center project, located in the tech hub of Cyberjaya, Malaysia.
Research | Oct 27, 2023 Asia Pacific EV public chargers will reach 10m by 2030: CBRE by Released Asia Pacific electric vehicle (EV) sales have seen exponential growth in the past two years, accounting for nearly two-thirds of global auto sales.
Investors | Oct 27, 2023 Euro Asia partners with ZDR Investments Group for European grocery retail parks JV by Andrea Zander Singapore-based fund manager Euro Asia Asset Management (Euro Asia) has plans to partner with European ZDR Investments Group to seek investment opportunities in grocery retail parks in the Central and Eastern Europe (CEE) region.
People | Oct 26, 2023 American Tower names new CEO by Released American Tower Corp. has announced Tom Bartlett will retire from his positions as president, CEO and director of the board of directors in February 2024.
Investors | Oct 26, 2023 3650 REIT announces $100m capital commitment from Korea’s POBA by Andrea Zander 3650 REIT has received a $100 million commitment from Public Officials Benefit Association.
Investors | Oct 26, 2023 Bain Capital, Smith Hill Capital launch $1b hospitality private lending platform by Released 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.
People | Oct 26, 2023 Kendall Thomas Sr., former Austin Police board member, passes away by Andrea Zander Kendall Thomas Sr. a prominent public employee retirement sector figure, died on Oct. 11, 2023.
People | Oct 26, 2023 Samuel Walser named head of capital raising, investor relations BGO Europe by Andrea Zander Samuel Walser has been named new head of capital raising and investor relations at Europe with BentallGreenOak (BGO).
Investors | Oct 26, 2023 New Mexico SIC amends Meketa contract to include real estate debt investments by Lewis Dayton 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.
Investors | Oct 26, 2023 Blackstone sees 11% gross return for infrastructure in third quarter by Lewis Dayton Blackstone’s infrastructure investments generated a gross return of 11 percent during the third quarter, according to the firm’s latest quarterly earnings report.
