People | Jan 14, 2022 Kevin Bishop joins Clarion Partner as managing director by Released Kevin Bishop has joined Clarion Partners as a managing director.
Investors | Jan 14, 2022 Connecticut puts $150m in Landmark Partners real estate funds by Kali Persall Connecticut State Treasurer Shawn Wooden has announced multiple investment decisions representing more than $800 million in additional commitments on behalf of the Connecticut Retirement Plans and Trust Funds.
Investors | Jan 14, 2022 PSERS commits $100m to multifamily, to conduct nationwide search for vacant executive positions by Kali Persall The $72.5 billion Public School Employees' Retirement System (PSERS) has approved a $100 million commitment to LEM Multifamily Fund VI.
Investors | Jan 14, 2022 American Campus Communities forms JV with Harrison Street’s social-infrastructure platform by Andrea Zander American Campus Communities has formed a joint venture for the ownership of its existing eight-property Arizona State University student-housing portfolio.
Research | Jan 14, 2022 Cushman & Wakefield releases data center global market comparison report by Released Data-center construction totals continue to grow globally, with 4.1 gigawatts now underway in the markets covered, up from 2.9 gigawatts in the previous study and 1.6 in the year before that.
Investors | Jan 14, 2022 Barings invests $200m to single-family firm The Promise Homes Co. by Andrea Zander The Promise Homes Co., one of the largest Black-owned managers of institutional-quality, single-family residential rental homes in the United States, has closed on a $200 million institutional debt facility from Barings.
Research | Jan 14, 2022 Manhattan office market posts 7.7msf in leasing in Q4 by Released The Manhattan office market posted a second consecutive strong quarter in fourth quarter 2021, with leasing activity totaling 7.7 million square feet, absorption figures in positive territory and availability rates on the decline.
Transactions | Jan 14, 2022 Allegra Care and Moorfield add 133 beds to partnership through acquisitions in Cambridgeshire and Suffolk by Released Allegra Care, a U.K.-focused care-home operator, and Moorfield Group, a U.K. specialist real estate fund manager acting on behalf of Moorfield Real Estate Fund IV (Moorfield), have completed the acquisition of two nursing, dementia and care homes in Cambridgeshire and Suffolk, U.K.
Transactions | Jan 14, 2022 Google pays $1b for London development by Andrea Zander Google has bought the Renzo Piano’s 11-story Central Saint Giles development, located near Oxford Street in London, for $1 billion. The sellers were Legal & General Group and Mitsubishi Estate.
Investors | Jan 14, 2022 STACK Infrastructure enters Japan’s data center market with Oaktree Capital Management by Kali Persall STACK Infrastructure has forged a partnership with funds managed by Oaktree Capital Management to develop a 36-megawatt data center campus in Inzai, Japan.
Transactions | Jan 14, 2022 Amro acquires ninth student housing project in Iberia by Released Amro Partners has taken the next step in its expansion across Iberia.
Transactions | Jan 14, 2022 Hines sells Zalando HQ in Berlin to Bayerische Versorgungskammer by Released Hines has sold the Zalando Headquarters in Berlin.
Transactions | Jan 14, 2022 Echelon Data Centres and Starwood Capital Group sign new debt financing deal by Kali Persall Echelon Data Centres has inked a new debt finance agreement with Starwood Capital Group.
Fundraising | Jan 13, 2022 Continental Properties Co. closes two real estate funds valued at $1b by Andrea Zander Continental Properties Co. has announced the closing of Continental Properties Real Estate Income Fund III and Continental Properties Real Estate Income Fund IV.
Transactions | Jan 13, 2022 National Real Estate Advisors and Catalyst Healthcare Real Estate invest $420m across two portfolios by Andrea Zander National Real Estate Advisors has formed a joint venture with Catalyst Healthcare Real Estate for the acquisition and recapitalization of two multi-state healthcare portfolios totaling $420 million.
Fundraising | Jan 13, 2022 Griffin Capital raises $585m for Qualified Opportunity Zone Fund II by Kali Persall Griffin Capital Co., a privately held alternative asset manager, has raised more than $585 million of investor equity for its Griffin Capital Qualified Opportunity Zone Fund II. The fund closed in fourth quarter 2021.
Transactions | Jan 13, 2022 Avanti Properties fund completes first investment by Released Avanti Strategic Land Investors X, an affiliate of Avanti Properties Group, has completed its first investment.
Fundraising | Jan 13, 2022 Silverstein Capital Partners closes latest debt fund with $2b by Kali Persall Silverstein Capital Partners (SCP), a real estate lending firm focused on providing a variety of loan types and rescue capital to borrowers on all major product types in North America’s top 20 urban markets, has raised $2 billion for its latest debt fund.
People | Jan 13, 2022 Daniel Marchand joins BentallGreenOak as managing director by Released Daniel Marchand has become the newest member of the global capital-raising team at BentallGreenOak, joining the firm as managing director, capital raising and IR.
Fundraising | Jan 13, 2022 PTM Partners closes second opportunity zone fund by Kali Persall PTM Partners has closed its second qualified opportunity zone fund.
