Transactions | Feb 12, 2021 Marriott International plans $250m hotel in Washington, D.C. by Released Comstock Holdings Cos. has announced one of its managed companies, CRS Hotel, entered into a franchise agreement with Marriott International.
Investors | Feb 12, 2021 CPP Investments ends third quarter of FY21 with $374b of net assets by Kali Persall Canada Pension Plan Investment Board (CPP Investments) has ended the third quarter of fiscal year 2021 with C$475.7 billion ($374 billion) of net assets, surpassing its C$456.7 billion ($360 billion) from the previous quarter.
Transactions | Feb 12, 2021 Warehouse REIT buys four modern warehouses by Released Warehouse REIT has acquired four modern warehouse units on Boulevard Industry Park in Speke, Liverpool, England, totaling 390,000 square feet.
Investors | Feb 12, 2021 Fed signals intent to maintain low rates in 2021 by Loretta Clodfelter The Federal Reserve has signaled its intentions to maintain low interest rates in 2021, which is likely to be positive for investors in commercial real estate, noted Ivan Kustic, vice president at MetroGroup Realty Finance.
Investors | Feb 12, 2021 AP2 records 3.5% return at end of 2020 by Kali Persall Sweden’s Andra AP-fonden (AP2), among Northern Europe’s largest pension funds, has recorded a 3.5 percent return at the end of 2020, representing a net gain of SEK 12.8 billion ($1.5 billion).
People | Feb 12, 2021 Jeffery Blackwell appointed interim executive director of Chicago Teachers’ Pension Fund by Kali Persall Board of trustees president Jeffery Blackwell has been appointed interim executive director of the Chicago Teachers’ Pension Fund (CTPF).
Investors | Feb 12, 2021 Big-box U.K. logistics may stutter through 2021 by Marek Handzel The “big-box” segment of the U.K. logistics market may stutter through 2021 due to a combination of record high levels of take-up, record low yields and possible government intervention.
Transactions | Feb 12, 2021 W. P. Carey acquires 1.5msf of new properties by Released W. P. Carey has paid $149 million for three investments, covering approximately 1.5 million square feet.
Transactions | Feb 12, 2021 Hines acquires office building in Silicon Valley by Andrea Zander Hines has purchased an office building at 5301 Patrick Henry Drive in Santa Clara, Calif., for $68 million.
Investors | Feb 12, 2021 Rockpoint forms industrial real estate partnership with industry veteran by Andrea Zander Rockpoint Group has formed an exclusive strategic partnership with Benjamin Harris.
Investors | Feb 12, 2021 Sabey Corp. and National Real Estate Advisors close $150m investment from Manulife Investment Management by Andrea Zander Sabey Corp. and National Real Estate Advisors have announced the closing of a $150 million investment.
Research | Feb 12, 2021 Kingswood releases first quarter investment outlook report by Andrea Zander The global economic recovery has, as anticipated, slowed significantly in the past few months, following the sharp rebound seen in third quarter 2020.
Research | Feb 12, 2021 Retail and hospitality sectors face ongoing headwinds by Andrea Zander The start of 2021 feels very similar to the end of 2020, although there are rising signs of optimism.
Fundraising | Feb 12, 2021 Waterton raises one of the largest dedicated multifamily value-add funds in the U.S. by Kali Persall Waterton’s Residential Property Venture XIV fund has completed a final close with $1.5 billion of equity commitments, making it one of the largest dedicated multifamily value-add funds in the United States.
Investors | Feb 11, 2021 Greystar announces $1b final close of Australia multifamily venture by Andrea Zander Greystar Real Estate Partners has held a final close for its flagship Australian investment vehicle.
Research | Feb 11, 2021 Yardi Matrix releases first quarterly student-housing report by Released Declining undergraduate enrollment and its impact on student housing are just one of the trendlines examined by Yardi® Matrix in its new student-housing data report, which will be produced quarterly.
Investors | Feb 11, 2021 Melody Investment Advisors expands rooftop portfolio via partnership with Pebblebrook Hotel Trust by Released Melody Investment Advisors, an alternative asset manager focused on communications infrastructure, and Pebblebrook Hotel Trust announced a partnership.
Investors | Feb 11, 2021 Denmark’s ATP records second-best annual returns ever by Kali Persall The ATP Group has logged a 23.3 percent investment return at the end of 2020, representing a total of DKK 29.9 billion ($5 billion), the pension fund’s second-best annual results ever.
Transactions | Feb 11, 2021 Bell Partners expands West Coast presence with fourth property acquisition in California by Released Bell Partners has acquired Windsor at Redwood Creek, a 232-unit apartment community located in Rohnert Park, Calif. The property, acquired on behalf of the firm’s Fund VII investors, will be renamed Bell Rohnert Park.
Transactions | Feb 11, 2021 JLL Income Property Trust acquires Louisville distribution center by Released JLL Income Property Trust has acquired Louisville Distribution Center.
