Research | Sep 24, 2021 U.S. office market: Shifting challenges offer rewards and pitfalls by Andrea Zander Offices will remain an important part of business culture and the economy, as well as investor portfolios, according to Principal.
Transactions | Sep 24, 2021 Knightvest Capital sells Arizona multifamily asset for $155m by Released Knightvest Capital has paid $155 million for Accolade, a 548-unit multifamily asset in Phoenix.
Investors | Sep 24, 2021 Chancerygate and Northwood Investors launch JV targeting U.K. speculative urban logistics developments by Released Chancerygate and Northwood Investors have launched a joint venture targeting speculative urban logistics development opportunities throughout the United Kingdom.
Transactions | Sep 24, 2021 JV secures $300m construction loan for spec office in Cambridge, Mass. by Released A joint venture between Leggat McCall Properties and Granite Properties has secured a $300 million fixed-rate construction loan for the redevelopment of 40 Thorndike.
Transactions | Sep 24, 2021 $1b multiuse development to transform New Orleans riverfront by Andrea Zander River District Neighborhood Investor has plans to develop The River District, a $1 billion project to transform the Mississippi Riverfront in New Orleans.
Investors | Sep 24, 2021 Henley and Sixth Street JV acquires Birmingham, England, shopping center by Released A joint venture between Sixth Street, a global investment firm, and Henley Investments, a private equity real estate firm based in London, has exchanged on the purchase of Martineau Place in Birmingham, England.
Transactions | Sep 24, 2021 CA Student Living delivers 2,241 beds in time for 2021-2022 academic year by Released CA Student Living has delivered four student living communities totaling more than 2,200 beds.
Transactions | Sep 24, 2021 North Sydney land sells for $71m by Andrea Zander Oxley Holdings has divested the land parcels at 173–177 Walker St. in North Sydney, Australia, for S$96.3 million ($71.4 million).
Transactions | Sep 24, 2021 Pebblebrook Hotel Trust acquires beach resort in Florida for $270m by Andrea Zander Pebblebrook Hotel Trust has acquired the 369-room oceanfront Margaritaville Hollywood Beach Resort in Hollywood, Fla.
People | Sep 24, 2021 Florida SBA appoints long-time director to serve as interim CIO by Kali Persall Lamar Taylor, COO and financial officer at State Board of Administration (SBA) of Florida, has been appointed to serve as interim CIO for the $250 billion fund, following the retirement of executive director and CIO Ashbel Williams in September.
SPONSORED: How and where people live is changing, and investment strategy will need to change to keep pace by Jennifer Babcock How does an investor create a living model fit for the future? This is the focus of a sponsored report by Nuveen Real Estate in the September issue of Institutional Real Estate Europe.
Transactions | Sep 23, 2021 Barking acquisition takes Valor’s East London urban logistics assets to €410m by Released Valor Real Estate Partners has completed the acquisition of an urban logistics asset in Barking, East London, from a private seller in an off-market transaction.
Research | Sep 23, 2021 Exploring office enhancement strategies by Released As the regional economic recovery gains momentum and rising vaccination rates support improving confidence among corporate office occupiers, companies are looking to bring employees back to the office.
Transactions | Sep 23, 2021 KKR JV invests life science tower in Boston Seaport by Released KKR has completed a major investment in a joint venture with WS Development and the Public Sector Pension Investment Board for 400 Summer St.
Investors | Sep 23, 2021 Brookfield Asset Management forms another $1b partnership by Andrea Zander Brookfield Asset Management and Elion Partners have formed a $1 billion strategic partnership expanding Brookfield’s Real Estate Secondaries’ logistics portfolio across core infill markets.
Investors | Sep 23, 2021 Texas ERS allocates nearly $250m to private real estate funds by Kali Persall The Employees Retirement System (ERS) of Texas has disclosed five commitments to private real estate and private real estate technology companies during the month of August.
Research | Sep 23, 2021 U.S. office demand slows modestly in August by Andrea Zander According to CBRE’s Pulse of U.S. Office Demand report, U.S. office demand slowed modestly in August. This reflected slower job growth and a resurgence in COVID-19 infections that delayed occupiers' return-to-office plans.
Transactions | Sep 23, 2021 The Scion Group and PGIM Real Estate JV buys two properties by Andrea Zander The Scion Group and PGIM Real Estate announced that their recently formed joint venture has completed the acquisition of two class A student housing communities.
Fundraising | Sep 23, 2021 Angel Oak Capital launches third real estate investment fund in series by Kali Persall Atlanta-based Angel Oak Capital has brought a new fund to market, according to a recent filing with the SEC.