Transactions | Mar 4, 2022 Longpoint, Brookfield recapitalize $700m logistics portfolio through new JV by Andrea Zander Longpoint Partners, a Boston-based real estate investment company, has closed its joint venture with Brookfield through its real estate secondaries business.
Transactions | Mar 4, 2022 Brookfield Properties teams up flagship food hall of the future in Berlin by Released Brookfield Properties has concluded a new strategic deal with Manifesto Market to join the pedestrian-friendly and redesigned Potsdamer Platz in Berlin.
Research | Mar 4, 2022 Orlando, Las Vegas top multifamily markets by Andrea Zander There is a recovery showing in the multifamily sector. Some of the metros in the category feature less robust employment and household-creation trends.
Research | Mar 4, 2022 U.S. jobs increase by 678,000 in February by Loretta Clodfelter The U.S. economy added 678,000 jobs in February — beating expectations — and the unemployment rate decreased to 3.8 percent, according to the Bureau of Labor Statistics.
Fundraising | Mar 4, 2022 EXCLUSIVE — Electra America Hospitality Group closes hospitality fund with more than $500m of commitments by Kali Persall Electra America Hospitality Group, a joint venture between Electra America and AKA, has raised more than $500 million in a final close.
People | Mar 4, 2022 Mill Creek founding partner Charles Brindell to retire by Released Mill Creek Residential announced the retirement of Charles Brindell, the company's executive chairman, effective at the end of the quarter.
Transactions | Mar 3, 2022 Nashville hotel sells for $328.7m by Released Xenia Hotels & Resorts has agreed to acquire the 346-room W Nashville for a purchase price of $328.7 million or $950,000 per room.
Fundraising | Mar 3, 2022 EPC Promecap Multifamily Partners V raises an initial $140m by Kali Persall Eagle Property Capital Investments and partner Promecap have completed an initial closing of the EPC Promecap Multifamily Partners V.
People | Mar 3, 2022 RADCO appoints Lisa Hurd as CIO by Released The RADCO Cos. has announced Lisa Hurd has been promoted to CIO.
People | Mar 3, 2022 Yugo names CFO by Released Yugo, a student housing platform, has appointed Simon Leopold as its U.S.-based global CFO.
Fundraising | Mar 3, 2022 Marcus Partners raises $337m for fourth value-add fund by Kali Persall Marcus Capital Partners Fund IV, a value-added fund managed by Marcus Partners, has secured more than $337 million.
Transactions | Mar 3, 2022 Rabina closes on $540m construction financing for 520 Fifth Avenue by Released Rabina announced the closing of a $540 million construction financing package for 520 Fifth Ave.
Investors | Mar 3, 2022 Ventura County Employees slates $35m for Alterra IOS Venture II by Kali Persall The Ventura County (Calif.) Employees’ Retirement Association (VCERA) has approved a $35 million commitment to Alterra IOS Venture II, following the joint recommendation of the board of retirement and NEPC.
Transactions | Mar 3, 2022 Cedar Realty Trust sells grocery store portfolio for $840m by Andrea Zander Cedar Realty Trust has agreed to sell a portfolio of 33 grocery-anchored shopping centers to a joint venture between a fund managed by DRA Advisors and KPR Centers for $840 million.
Transactions | Mar 3, 2022 Spanish hotel portfolio for sale with €700m price tag by Andrea Zander Equity Inmuebles, a Spanish hotel property landlord, has put 17 establishments managed by Meliá on the market. The operation is valued at €700 million ($774 million), according to local outlets.