People | Sep 6, 2024 Arrow Capital Partners appoints Cormac Dunne as head of transactions, Europe by Released Arrow Capital Partners has appointed Cormac Dunne as head of transactions, Europe.
Transactions | Sep 6, 2024 Harrison Street, Elkstone to deliver 345-bed PBSA property in Galway City, Ireland by Kali Persall Harrison Street and Elkstone are developing a new 345-bed, purpose-built student accommodation (PBSA) at Queen Street in Galway City, Ireland.
Investors | Sep 6, 2024 FD Stonewater STAR Evergreen Fund receives $20m commitment from U.S. pension plan by Kali Persall FD Stonewater, a fully integrated real estate investment, development, and brokerage firm, has received a $20 million commitment to the firm's discretionary FD Stonewater STAR Evergreen Fund from a Top 125 U.S. corporate pension plan.
Investors | Sep 6, 2024 Pennsylvania PSERS allocates $175m to ACORE Opportunistic Credit II by Kali Persall The $76.5 billion Pennsylvania Public School Employees’ Retirement System (PSERS) has approved a $175 million commitment to ACORE Opportunistic Credit II, a real estate debt fund managed by ACORE Capital.
Transactions | Sep 5, 2024 fifteenfortyseven, Harrison Street acquire the Union Station Data Center and Carrier Hotel in South Bend, Ind. by Released fifteenfortyseven Critical Systems Realty (1547), in partnership with Harrison Street, has announced the acquisition of the Global Access Point Union Station data center located in South Bend, Ind.
Transactions | Sep 5, 2024 Stonepeak acquires 1.1msf logistics portfolio in Fort Worth, Texas by Released Stonepeak has acquired two logistics assets totaling 1.1 million square feet in Fort Worth from institutional investors advised by J.P. Morgan Asset Management.
Research | Sep 5, 2024 North American fund managers put off by complex European regulations by Released Nearly all North American fund managers currently find E.U. regulations complex and predict they will only find it harder to navigate over the next two years — with many saying the region is over-regulated to the point of being off-putting, according to a survey from Ocorian, a global leader in fund administration, capital markets, corporate and fiduciary services.
Investors | Sep 5, 2024 GARBE Industrial Real Estate and a fund managed by BlackRock form joint JV by Released GARBE Industrial Real Estate has formed a joint venture with a fund managed by BlackRock.
Research | Sep 5, 2024 Real estate firms should move faster on AI adoption, with new technology poised to transform sector by Andrea Zander The real estate sector should move faster on AI adoption, according to CBRE in its report, “What are the implications of AI for real estate?”, which explores the use of generative AI in business, and the significant value real estate firms can obtain from embracing new technology.
People | Sep 5, 2024 Transwestern names Steve Leathers leader of healthcare capital markets advisory by Released Steve Leathers has joined Transwestern Real Estate Services (TRS) as senior managing director of healthcare capital markets.
People | Sep 5, 2024 Principal Asset Management hires new head of private equity real estate portfolio management by Released Principal Real Estate has hired Devin Chen, who joins the firm as head of private equity real estate portfolio management.
People | Sep 5, 2024 Rohit Nerurkar named head of U.S. real estate, co-head of North American real estate at Mercer by Andrea Zander Rohit Nerurkar has been named head of U.S. real estate, co-head of North American real estate at Mercer.
Fundraising | Sep 4, 2024 Brennan launches inaugural opportunity fund by Released Brennan Investment Group has launched its inaugural Opportunity Fund.
Fundraising | Sep 4, 2024 Faropoint launches $300m Industrial SLB Fund by Released Faropoint, a tech-enabled U.S. industrial real estate investment manager, has launched its $300 million target Industrial Sale-Leaseback (SLB) Fund.
Transactions | Sep 4, 2024 Londonmetric transacts on €142m of acquisitions and disposals by Released LondonMetric Property Plc has transacted on £70 million (€83 million/$92 million) of warehouse acquisitions and £50 million (€59 million/$66 million) of noncore disposals.