Newsline

Alterra IOS has closed a $400 million refinancing led by Truist Financial Corp. and KeyBank.

Performance, DPI and liquidity are table stakes. A great many investment managers, separate account managers, fund managers, program sponsors and operating partners build their entire pitch around them and assume the job is done. It isn’t.

Agentic Assets, an AI technology company founded by two finance professors, today announced the launch of EQUIRE.

Institutional allocators have gotten serious about operational due diligence (ODD). Investment committee structure, team stability, compliance documentation, legal review — the standard ODD questionnaire now covers most of what a manager’s operational risk profile looks like. But one subject most questionnaires do not always address is the specific mechanics of how that manager moves capital: how distributions get wired, how counterparty banking details are verified before a transfer executes, and what documentation exists to prove a wire went where it was supposed to go.

Stockland and M&G Real Estate have expanded its Australian logistics partnership through the addition of two assets in New South Wales and Queensland, with a combined value of A$438 million ($304 million).

GIC has announced changes to its senior management leadership team, effective Oct. 1.

Ho Chi Minh City's office market is undergoing a significant transformation driven increasingly by value-enhancement upgrades. According to JLL, although  location and rental rates are still determining factors, energy efficiency, workplace environment quality, Net Zero capability and employee experience are now becoming top priorities for occupiers. 

Heitman has appointed Maureen Mahr von Staszewski as managing director in the firm’s European real estate investment team.

CoreCivic has sold two detention facilities for $1.5 billion.

The Los Angeles Department of Water & Power Employees Retirement Plan (WPERP) has committed $75 million to Longpoint Fund IV, a program of Longpoint Partners.

The Michigan Office of Retirement Services (ORS) has committed $50 million to Avanth Affordable Housing Renaissance Fund, a vehicle of Avanth Capital Management.

The Teacher Retirement System of Texas (TRS) has committed $20 million to Inceptiv Second Empire.

The Pennsylvania Public School Employees’ Retirement System (PSERS) has shown strong long-term annualized investment returns, demonstrating returns of 8.5 percent throughout a three-year period, 7.4 percent through five years and 8.4 percent through 10 years, as of March 31.

Ascendant Capital Partners has acquired an eight-hotel portfolio from Coastal Hospitality Associates.

S3 Capital has originated a $111 million construction loan to finance the development of Sense22, a 36-story luxury multifamily development located at 114-138 NE 22nd St. in Edgewater, Miami. JLL Capital Markets Managing Director Max La Cava worked on behalf of HA Emprendimientos to arrange the financing. 

Senior housing occupancy neared 90 percent in the second quarter of 2026, according to an analysis by the National Investment Center for Seniors Housing & Care (NIC) of newly released data from NIC MAP. NIC experts say the near-total capacity in U.S. senior housing is a reflection of demand outpacing construction.

PGIM has provided $288.4 million in floating-rate refinancing on behalf of its core-plus strategy for an eight-asset industrial portfolio across the United States.

Artificial intelligence (AI) companies have leased more London office space in the first half 2026 than they did during the whole of last year, according to new data from Knight Frank, as the sector shifts from start-up and flexible workspace into large permanent headquarters and adds fresh pressure to the capital’s undersupplied prime office market.

Blue Owl Capital has announced that funds managed by Blue Owl, together with Moor Park Capital Partners, have successfully completed the acquisition of a portfolio of 12 acute-care hospitals operated by Spire Healthcare Group plc, a U.K.-based private hospital operator.

Vietnam’s real estate market continues to demonstrate strong appeal to foreign investors in the first half of 2026, despite facing numerous challenges from the global macroeconomic environment.