Transactions | Sep 23, 2021 CIM Real Estate Finance Trust forms $6b REIT by Released CIM Real Estate Finance Trust (CMFT) has entered into a definitive merger agreement to acquire CIM Income NAV (INAV) in a stock-for-stock, tax-free merger transaction.
Fundraising | Sep 23, 2021 Boston Financial closes $221m low-income housing tax-credit fund by Kali Persall Boston Financial Investment Management has closed its Boston Financial Institutional Tax Credits 55 Limited Partnership (ITC 55) with backing from nine institutional investors from the banking and insurance sectors.
Fundraising | Sep 23, 2021 Rialto Real Estate Fund IV — Property surpasses $700m by Kali Persall Miami-based Rialto Capital Management has secured $706 million for its Rialto Real Estate Fund IV — Property.
Transactions | Sep 23, 2021 WashREIT sells $168m portfolio in Washington, D.C. by Released WashREIT has sold a $168.3 million portfolio of eight infill neighborhood retail assets totaling 695,991 square feet in Washington, D.C., northern Virginia and southern Maryland.
People | Sep 23, 2021 Investec appoints Jane Niles to head of real estate offshore by Released Investec has appointed Jane Niles as head of real estate offshore, within its corporate and family office team in the Channel Islands, as it looks to capitalise on the continued appeal of real estate investment opportunities in both the United Kingdom and offshore.
Transactions | Sep 22, 2021 LendInvest sells €116m BTL portfolio to J.P. Morgan by Released LendInvest plc (LSE: LINV), a U.K.-based technology-driven asset manager for property finance, has sold a £100 million (€116 million/$137 million) buy-to-let portfolio to J.P. Morgan.
Investors | Sep 22, 2021 Housing Growth Partnership to provide additional €489m to U.K. housebuilders by Released The Housing Growth Partnership as announced a new £300 million (€tk million/$410 million) commitment to SME and regional housebuilders in the United Kingdom.
Transactions | Sep 22, 2021 Vistry acquires site for 726 homes in Devon for €250m by Released Vistry Group, a FTSE 250 listed housebuilder, has completed the acquisition of a £215 million (€250 million/$294 million) site.
Investors | Sep 22, 2021 Singapore hotel brand to open 13 properties by 2024 by Andrea Zander Pan Pacific Hotels Group has announced plans to expand globally, with 13 new properties expected in 10 cities by 2024.
Fundraising | Sep 22, 2021 Crow Holdings Realty Partners IX closes at $2.3b by Kali Persall Crow Holdings has closed its Crow Holdings Realty Partners IX.
Transactions | Sep 22, 2021 IOI Properties submits $1.1b bid for Marina View site in Singapore by Andrea Zander IOI Properties Group has submitted a $1.1 billion bid for a mixed-use hotel and residential site near Singapore’s Marina Bay to Urban Redevelopment Authority (URA).
Transactions | Sep 22, 2021 Clarion Partners pays $364m for Seattle life sciences asset by Andrea Zander Clarion Partners has acquired a 70 percent interest in Alexandria Real Estate Equities’ trophy life sciences asset in Seattle’s South Lake Union.
Transactions | Sep 22, 2021 Guangzhou R&F sells assets to Country Garden by Andrea Zander CG Property Services HK and developer R&F Property have entered into an equity transfer agreement.
Transactions | Sep 22, 2021 Stratus Properties sells garden-style luxury apartment for $152m by Released Stratus Properties has sold The Santal, located in Austin, for $152 million.
Fundraising | Sep 22, 2021 GLP raises $1.75b in first closing by Kali Persall GLP has completed a $1.75 billion first close.
Fundraising | Sep 22, 2021 EXCLUSIVE — Coretrust Capital Partners launches new value-add fund by Kali Persall Coretrust Capital Partners, a vertically integrated, operating company and investment manager (RIA), has brought a new fund to market.
Research | Sep 22, 2021 Venture capital investment in life sciences hits record high by Andrea Zander The life sciences industry is experiencing record levels of investment across both businesses and associated real estate, with the pandemic having highlighted both the sector’s importance and its resilience as an asset class, reported JLL.
Fundraising | Sep 21, 2021 Gaw Capital Partners launches new real estate fund in Hong Kong by Kali Persall Gaw Capital Partners has opened a new fund to real estate investors, Gateway Real Estate Fund VII (Hong Kong).
Fundraising | Sep 21, 2021 Pi Labs adds LPs to its third institutional proptech fund by Kali Persall Three new investors have joined as limited partners in Pi Labs’ third institutional fund.
