Transactions | Aug 9, 2023 RREAF Holdings announces expansion into outdoor living platform by Released RREAF Holdings announced the launch of its fifth platform: Outdoor Living.
Research | Aug 9, 2023 66% of leaders would leave firms if required to work in the office full time by Released A survey revealed that for both men and women, workplace arrangements are top of mind, according to Deloitte in its Cultivating employee engagement in financial services report.
Transactions | Aug 9, 2023 Bridge Investment Group buys Boston-area workforce and affordable housing portfolio by Released A fund managed by Bridge Multifamily Fund Manager has closed on the acquisition of a six-property portfolio of workforce and affordable housing properties in the Greater Boston area.
Transactions | Aug 9, 2023 Affinius Capital originates $85m loan for 814,000sf industrial facility in Virginia by Released Affinius Capital, formerly Square Mile Capital Management and USAA Real Estate, has originated an $85 million loan to facilitate the acquisition of an 814,000-square-foot industrial warehouse located in the Hampton Roads region of Virginia.
Transactions | Aug 9, 2023 Harrison Street acquires medical office property in Escondido, Calif. by Released Harrison Street has acquired Palomar Health Outpatient Center III.
Research | Aug 9, 2023 Asia Pacific Commercial real estate market faces challenges, but resilient sectors offer investment opportunities by Released CBRE foresees a continued challenging environment for the Asia Pacific commercial real estate investment market due to the prolonged interest rate hike cycle, insufficient price corrections, and a slower than expected recovery of mainland China.
Transactions | Aug 9, 2023 Harbor Group International sells multifamily portfolio in Boston by Released Harbor Group International has sold Boston Portfolio.
Transactions | Aug 8, 2023 N.J. office converted into life science facility, first in market by Andrea Zander Legacy Investing has completed a project in the northern New Jersey community of Bridgewater that converted a 210,000-square-foot office building at 77 Corporate Drive into a life sciences facility.
People | Aug 8, 2023 Silver Star Properties REIT names CEO by Released Silver Star Properties REIT has named Steve Treadwell as CEO.
Transactions | Aug 8, 2023 Union Investment enters Italian office market by Released Union Investment has entered the Italian office property market with the purchase of a redevelopment project in Milan.
Transactions | Aug 8, 2023 ABR Capital Partners and Biynah acquire additional assets for TRIP portfolio by Released ABR Capital Partners (ABR) and Biynah Industrial Partners (BIP) have acquired three additional properties for their transportation-related industrial portfolio (TRIP).
Transactions | Aug 8, 2023 Tishman Speyer–Mitsui Fudosan JV makes first acquisition in San Francisco’s India Basin submarket by Released Tishman Speyer and Mitsui Fudosan America (MFA) have acquired the 126,000-square-foot, last-mile warehouse and distribution facility at 2225 Jerrold Avenue in San Francisco’s India Basin submarket.
Transactions | Aug 8, 2023 Columbia Pacific JV receives $132m refinance for IOS Portfolio by Andrea Zander A joint venture between Criterion Group and Columbia Pacific has received a $132.3 million refinancing for a 22-property industrial outdoor storage portfolio.
Research | Aug 8, 2023 New NCREIF/CREFC Open-End Debt Fund aggregate offers transparency to open-end debt fund performance by Released The CRE Finance Council (CREFC) has been working with the National Council of Real Estate Investment Fiduciaries (NCREIF) to introduce a measure tracking the performance of open-end debt funds financing commercial and multifamily real estate.
Fundraising | Aug 8, 2023 PAG holds $1.8b final close by Andrea Zander PAG has reportedly raised $1.8 billion in the final close for its Asia-focused, core-plus real estate fund PAG Real Estate Partners III.
Investors | Aug 8, 2023 KKR opens L.A. real estate office by Andrea Zander KKR has plans to open an office in Los Angeles to be closer to the commercial real estate market.
Research | Aug 8, 2023 Canadian hotel sector catapults in first half of 2023 by Andrea Zander A strong pace of activity in the second quarter catapulted first-half volume to more than $1 billion with notable urban and resort market sales, according to Colliers.
Research | Aug 7, 2023 Uptick of overall U.S. CMBS delinquencies in July, office rises further by Released The U.S. CMBS delinquency rate increased by one basis point (bp) to 1.92 percent in July from 1.91 percent in June as the continued rise in office delinquencies was offset by strong hotel resolution volume, according to Fitch Ratings.
Investors | Aug 7, 2023 State of New York to provide $406m in financing to build five affordable housing developments by Andrea Zander N.Y. governor Kathy Hochul has announced that the State of New York will provide $406 million in financing to deliver approximately 800 new affordable housing units across the state.
Transactions | Aug 7, 2023 Dia sells Portuguese assets to Auchan for €155m by Released Dia Group, a Spanish multinational hard-discount supermarket chain, has sold its business in Portugal to Auchan Retail for €155 million ($171 million).
