Newsline

The latest employment report from the U.S. Bureau of Labor Statistics (BLS) revealed signs of meaningful weakness in the labor market, with the unemployment rate climbing to 4.6 percent, the highest level since September 2021. It is up from the 4.4 percent reported in the previous month, in the most recent pre-shutdown data — and a weakening job market is set to have significant implications for investors in real estate, infrastructure and other real assets

Bain Capital Real Estate and 11North Partners have announced the close of a capital raise of up to $1.6 billion to invest alongside their co-owned, dedicated open-air retail-focused operating platform. 

Forum Investment Group has appointed Jarvie Worcester as head of real estate.

LaTerra Capital Management, an affiliate of LaTerra Development, in partnership with Respark Residential, is under contract with AIMCO to acquire a 1,495-unit, seven-property multifamily portfolio located across key Chicago suburban submarkets including the cities of Evanston, Lombard and Elmhurst. The portfolio is being acquired at a purchase price of $455 million, with a closing targeted for the first quarter 2026. 

Nuveen views today as one of the most attractive commercial real estate credit environments in more than a decade. In an interview with IREI, Jason Hernandez, head of real estate debt, Americas, at Nuveen, explains the compelling relative value in the market, how investor allocations are shifting toward floating-rate senior loans, and what lending conditions could look like over the next 12–18 months.

Kering and Ardian have executed a joint venture agreement effective immediately regarding the Kering property located at 715-717 Fifth Avenue in New York City.

Slate Asset Management and Hamilton Lane has acquired a majority equity stake in Cold-Link Logistics, one of the ten largest privately-held cold storage platforms in North America.

Manova Partners, an international independent real estate investment firm based in Munich, has launched a new joint venture, giving institutional investors access to the Mexican industrial and logistics real estate market.

Fairstead has made a $242 million acquisition and rehabilitation of Haverstock Hills Apartments.

Affinius Capital and Kennedy Wilson have closed financing for the ground-up development of Harborside 8.

Institutional investors often see themselves as passive recipients of the technology their investment managers choose. They are the true end customers. Investment managers select, implement and operate the systems that ultimately influence how institutional capital is sourced, underwritten, monitored and reported. Since institutional investors are the customers of investment managers, they hold significant power to define the minimum standards for technology consideration, participation and engagement. They already do this in every other part of the manager selection process. They set expectations for reporting, compliance, governance, transparency and performance. The same influence can and should apply to the technology that underpins every workflow across the investment lifecycle. When institutions recognize this role, they unlock the ability to shape the technologies that will support more efficient processes and stronger fiduciary outcomes for decades to come.

J.P. Morgan Asset Management has released its eighth annual Global Alternatives Outlook, providing a 12- to 18-month outlook across key alternative asset classes, equipping investors to make tailored portfolio decisions. This year’s report details high-conviction ideas as private markets mature into a structural mainstay of global finance.

Walton Global has acquired 56 residential lots in Los Lunas, N.M.

Gen Z is rapidly gaining financial power and reshaping the luxury market, with real net worth for U.S. households ages 18–34 up an estimated 170 percent since 2019 and global spending projected to soar from $2.7 trillion in 2024 to $12.6 trillion by 2030, according to Newmark’s recently released report Luxury Retail: Meet Gen Z.

Build-to-rent (BTR) housing, once a niche investment concept, has evolved into a mainstream sector driven by demographic demand, affordability pressures and a rapidly expanding development pipeline.

NEPC, an investment consultant and outsourced CIO, has announced the appointment of Tim McCusker as president, effective Jan. 1, 2026.

In today’s fast-evolving real estate debt market, the reemergence of banks, shifting capital structures, and the lingering effects of legacy portfolios have reshaped both competition and opportunity for private lenders. In an interview with IREI, Chris Thomas, managing director at Blue Light Capital, West Coast originations, offers an inside perspective on how these dynamics are influencing institutional real estate investors, outlining why banks are returning, how private lenders are positioning themselves, and what institutional partners value most in the current environment. He also explores emerging trends in transitional and hospitality lending, the growing premium on execution certainty, and why clean-balance-sheet lenders are increasingly well positioned as the market recalibrates.

The State Board of Administration of Florida (SBA) has committed $283 million to two joint ventures, including accounts managed by Heitman and Invesco.

The Kansas Public Employees Retirement System (KPERS) has committed up to $100 million to Blue Owl Real Estate Fund VII.

Noble Investment Group has acquired a portfolio of 35 Sonesta Simply Suites totaling more than 4,000 rooms across 19 states and 25 markets, with concentrations in high-growth Sun Belt and corporate-demand corridors.