Real Estate | Jun 28, 2019 EJF Capital and Chance Partners to develop opportunity zone multifamily community in Jacksonville by Released EJF Capital and Chance Partners have plans to develop a two-building, 486-unit multifamily housing community in the historic San Marco neighborhood of Jacksonville, Fla.
Real Estate | Jun 27, 2019 University of Texas System to increase private real estate target by Kali Persall University of Texas System Permanent University Fund (UTIMCO) has voted to increase its target allocation to private real estate to 8.2 percent ($1.8 billion) from 8 percent ($1.76 billion) for the 2020 fiscal year.
Real Estate | Jun 27, 2019 SERS looks to increase allocation to real assets portfolio by Kali Persall The School Employees Retirement System of Ohio (SERS) has approved its annual investment plan for fiscal year 2020.
Real Estate | Jun 24, 2019 ASG creates senior housing development platform in Germany by Released ASG has integrated two specialist senior housing developers into a new entity called Carestone, creating Germany’s largest platform with a pipeline to deliver €1.4 billion ($1.6 billion) of projects.
Real Estate | Jun 21, 2019 Vermont pension fund to increase real estate allocation to 10% by Kali Persall The Burlington (Vt.) Employees Retirement System is seeking to increase its real estate asset allocation to 10 percent (representing an investment of $19.3 million) from 8 percent ($15.5 million).
Real Estate | Jun 14, 2019 Virtua Partners breaks ground on 90-unit Arizona multifamily project by Released Virtua Partners, a Scottsdale, Ariz.–based private equity firm, is breaking ground on another of its opportunity zone projects, an apartment complex in Tempe, Ariz.
Real Estate | May 24, 2019 Taunton issues RFP for core and core-plus, public REIT searches by Kali Persall The $325 million Taunton (Mass.) Contributory Retirement System has launched a formal RFP for an open-end core and core-plus real estate investment manager, and is looking to commit $16 million to each sub-asset class.
Real Estate | May 24, 2019 Texas ERS approves real estate tactical plan for 2020 by Kali Persall The $28.2 billion Employees Retirement System of Texas (ERS) board of trustees has unanimously approved its annual tactical plan for fiscal year 2020.
Real Estate | May 22, 2019 Earnings of U.S. equity REITs rose to $15.9b in the first quarter by Andrea Zander Funds from operations (FFO) for U.S. equity REITs rose to $15.9 billion in the first quarter of 2019, according to the Nareit Total REIT Industry Tracker Series (T-Tracker®) report.
Real Estate | May 16, 2019 Hamilton Zanze enters Tennessee market by Released San Francisco–based real estate investment firm Hamilton Zanze (HZ) has acquired two apartment communities, Post Ridge Apartments and 865 Bellevue, in Nashville.
Infrastructure | Feb 14, 2019 Amazon pulls out of NYC HQ project by Andrea Zander Amazon has backed out of plans to open a new headquarters in New York City, blaming local politicians who “had opposed our presence and will not work with us.”
Real Estate | Oct 26, 2018 Increasing housing shortage for top seven German cities by Marek Handzel The top seven German cities are showing increased signs of a housing shortage according to the Empira Group.
Real Estate | Mar 22, 2018 $280m Texas mixed-use project to begin construction by Jody Barhanovich Renaissance Development is set to begin construction on a mixed-use project in north Fort Worth.
Real Estate | Mar 8, 2018 MetLife reveals plans for major redevelopment in Midtown Atlanta by Jody Barhanovich MetLife Investment Management, the institutional asset management business for MetLife, has revealed plans to move forward with a major mixed-use redevelopment project at 17th, West Peachtree and Spring Streets in Midtown Atlanta.
Real Estate | Feb 27, 2018 Seattle records highest increase among national home prices in U.S. by Jody Barhanovich The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported a 6.3 percent annual gain in December, up from 6.1 percent in the previous month.
Real Estate | Nov 3, 2017 John B. Levy & Co. launches high-yield commercial mortgage debt performance index by Released Investment banking leader John B. Levy & Co. has unveiled a new version of the Giliberto-Levy Commercial Mortgage Performance Index.
Real Estate | Oct 20, 2017 Starwood Capital launches $5b nontraded REIT by Andrea Waitrovich Starwood Capital Group has plans to launch a $5 billion nontraded REIT.
Real Estate | Sep 26, 2017 Kayne Anderson closes acquisition of healthcare REIT by Jody Barhanovich Kayne Anderson Real Estate Advisors, the real estate private equity arm of Kayne Anderson Capital Advisors, has completed the previously reported merger agreement under which affiliates of KAREA will acquire Sentio Healthcare Properties by way of merger.
Real Estate | Sep 26, 2017 American Campus Communities strikes $591m student housing deal by Jody Barhanovich American Campus Communities has entered into an agreement to recapitalize and ultimately acquire seven select student housing properties for $590.6 million.
Real Estate | Sep 25, 2017 Warehouse REIT acquires four U.K. industrial assets for £26m by Jody Barhanovich Warehouse REIT has acquired four multi-let industrial assets in England from Hansteen Holdings for £26.25 million ($35 million).
