Investors | May 19, 2022 Maryland State Retirement and Pension System puts $600m in Clarion, Abacus funds by Kali Persall The Maryland State Retirement and Pension System (MSRPS) has committed $600 million to two real estate funds.
Investors | May 19, 2022 Houston Police Officers backs Abacus Multi-Family Partners VI by Kali Persall The Houston Police Officers Pension System has contributed $35 million to Abacus Multi-Family Partners VI.
Transactions | May 19, 2022 CBRE Investment Management acquires 94-unit serviced-apartment building in Belgium by Released CBRE Investment Management has acquired a 6,214-square-meter (66,980-square-foot) serviced apartment building in Antwerp, Belgium, from Silex Group.
Investors | May 19, 2022 Industrious receives additional $100m investment by Andrea Zander Industrious, a flex-space company, has received a $100 million investment from CBRE, a follow-on commitment.
Research | May 19, 2022 Corporate real estate monetization in Asia Pacific to grow up to 10% in 2022 by Released Corporate real estate disposals in Asia Pacific surged to record highs in 2021.
Transactions | May 19, 2022 Mohr Capital acquires 350-room hotel, marks first hospitality investment by Andrea Zander Mohr Capital has purchased the 350-room DoubleTree by Hilton Austin at 6505 N. Interstate 35 in Austin for an undisclosed amount.
Transactions | May 19, 2022 GI Partners buys data center in Northern Virginia by Andrea Zander GI Partners has purchased 22262 Cloud Plaza in Sterling, Va.
Transactions | May 19, 2022 Lincoln Property Co. JV acquires 190-acre data center, industrial campus in Ohio by Released A joint venture between Lincoln Property Co. (LPC) and Harrison Street has acquired a 190-acre land site in New Albany, Ohio.
People | May 19, 2022 Alliance Global Advisors names new vice president of partner engagement by Released Jason Puchmeyer has joined Alliance Global Advisors as vice president of partner engagement.
Transactions | May 19, 2022 Harrison Street acquires two California medical office buildings for $156m by Released Harrison Street has acquired two newly renovated class A medical office buildings.
People | May 19, 2022 Allianz Real Estate names new Asia Pacific head by Jennifer Molloy Scott Kim has been appointed head of Asia Pacific real estate at Allianz Real Estate, effective July 1.
Transactions | May 19, 2022 Allianz expands Paris portfolio by Released Allianz Real Estate, acting on behalf of several Allianz group companies, has acquired Pershing Hall.
Fundraising | May 19, 2022 Sundance Bay Debt Opportunity Fund locks in $53m by Kali Persall Utah-based Sundance Bay has raised more than $53 million for its new Sundance Bay Debt Opportunity Fund.
Transactions | May 18, 2022 Grocery-anchored retail portfolio sells for $390m by Andrea Zander TA Realty has paid $390 million for nine grocery-anchored shopping centers located across Greater Boston, Mass., and Providence, R.I.
Transactions | May 18, 2022 Public-private partnership to develop $2.8b mixed-use project on Long Island by Andrea Zander A public-private partnership between The Town of Islip, Suffolk County, and JLL has unveiled plans for Midway Crossing, a $2.8 billion mixed-use project that will be located on Long Island, N.Y.
Transactions | May 18, 2022 MG Developer to develop $204m luxury mixed-use multifamily asset in Miami by Released MG Developer and its partner The Baron Property Group have plans to build a new, luxury residential, two-tower high-rise in Miami named Merrick Parc.
Investors | May 18, 2022 L&G to invest €4.7b in West Midlands, U.K. by Andrea Zander West Midlands Combined Authority (WMCA) Mayor and Legal & General (L&G) have signed a partnership agreement with L&G committing.
Investors | May 18, 2022 MainePERS allots $40m for new Stonelake Opportunity Partners VII fund by Kali Persall The Maine Public Employees Retirement System (PERS) has approved a $40 million investment in n opportunistic fund managed by Texas-based Stonelake Capital Partners.
Fundraising | May 18, 2022 The Davis Companies seeks $950m for latest value-add investment vehicle by Kali Persall The Davis Companies has launched a fifth value-add vehicle, targeting $950 million of equity commitments.
Transactions | May 18, 2022 Cortland re-enters suburban D.C. market with $1b acquisitions by Andrea Zander Cortland announced it has acquired four apartment properties in Arlington, Va., totaling more than 1,500 units.
