Newsline Archive

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.

Newsline

Longpoint, Brookfield recapitalize $700m logistics portfolio through new JV

Brookfield Properties teams up flagship food hall of the future in Berlin

Orlando, Las Vegas top multifamily markets

U.S. jobs increase by 678,000 in February

EXCLUSIVE — Electra America Hospitality Group closes hospitality fund with more than $500m of commitments

Mill Creek founding partner Charles Brindell to retire

Nashville hotel sells for $328.7m

EPC Promecap Multifamily Partners V raises an initial $140m

RADCO appoints Lisa Hurd as CIO

Yugo names CFO

Marcus Partners raises $337m for fourth value-add fund

Rabina closes on $540m construction financing for 520 Fifth Avenue

Ventura County Employees slates $35m for Alterra IOS Venture II

Cedar Realty Trust sells grocery store portfolio for $840m

Spanish hotel portfolio for sale with €700m price tag

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