Transactions | Aug 23, 2024 Newmark secures $985m financing on behalf of 80 Clarkson developers in New York City by Released Newmark Group has arranged a $985 million loan to fund the construction of 80 Clarkson.
Fundraising | Aug 22, 2024 MA Financial to launch real estate credit vehicle with Warburg Pincus by Andrea Zander MA Financial Group has formed a A$1 billion ($670 million) Australia Real Estate Credit Vehicle for institutional investors.
Transactions | Aug 22, 2024 Loci Capital, RealtyLink to develop industrial building in Florida by Released Funds controlled by Loci Fund II GP, LLC, an affiliate of Loci Capital Group, a leading private real estate fund manager, has structured a joint venture with RealtyLink Development.
Investors | Aug 22, 2024 AVANA Cos., Oaktree form $250m private commercial real estate lending JV by Andrea Zander AVANA Cos. and funds managed by Oaktree Capital Management have formed the $250 million AVANA-Oaktree Private Credit Partnership (AOPCP) for its direct private commercial real estate lending strategy.
Transactions | Aug 22, 2024 Placemakr partners with Jamestown to launch Scout Living in Atlanta by Released Placemakr, a flexible-use hospitality and multifamily operator, has announced a partnership with Jamestown to open new hospitality living concept Scout Living. Â
Research | Aug 22, 2024 U.S. affordable housing crisis deepens as costs soar, pressuring renters and developers by Released S&P Global Ratings has published new research, No Quick Fix for the U.S. Affordable Housing Shortage, which looks at how access to affordable housing has changed, especially since COVID-19.
Transactions | Aug 22, 2024 Multi Corp. retains management mandate for Espacio León Shopping Center in Spain by Released Multi Corporation has retained the statutory, leasing and property management mandate for Espacio León Shopping Center in northwestern Spain.
Investors | Aug 22, 2024 Europe needs more façade renovation, rather than building demolition by Marek Handzel A far larger number of urban European buildings should have their façades refurbished in order to increase their value and increase sustainability within real estate markets, according to Vincent Nobel, head of asset based lending at Federated Hermes.
Investors | Aug 21, 2024 Canada Pension Plan Investment Board invests €500m to Blackstone Real Estate Partners Europe VII by Andrea Zander Canada Pension Plan Investment Board has committed €500 million ($555 million) to Blackstone Real Estate Partners Europe VII, which invests in under-managed, well-located real estate assets across Europe, according to its release. Â
Research | Aug 21, 2024 Data and risk remain key challenges to scaling generative AI, says Deloitte survey by Released Survey respondents say that while their senior executives and board members are still intrigued by Generative AI (GenAI), there are signs of enthusiasm beginning to wane as the "new technology" shine wears off.
Investors | Aug 21, 2024 Salter Brothers announces strategic partnership with Tokyo Century Corporation in Japan by Released Salter Brothers has formed a strategic partnership with TC Hotels & Resorts Beppu Corporation (TCH&R-B), a wholly owned subsidiary of Tokyo Century Corporation, to pursue hotel and hospitality opportunities in Japan. Â
Transactions | Aug 21, 2024 Manulife Investment Management, Kenedix make multifamily portfolio acquisition in Japan by Released Manulife Investment Management and Kenedix has announced the successful acquisition of a JPY 23 billion ($158.7 million) nine-asset, high-quality multifamily portfolio in Japan.Â
People | Aug 21, 2024 Landmark Properties expands European team, appointing Alex Katsnelson as senior director of European investment by Released Landmark has appointed Alex Katsnelson as senior director of European investment.
Investors | Aug 21, 2024 NextGen IOS: A technology-driven approach to an old school segment of CRE by Chris Green, CEO, GreenPoint Partners Traditional industrial outdoor storage (IOS) has received a lot of attention over the past few years as investors have expanded their search for higher yielding assets. IOS is typically characterized by low ongoing Capex and involves triple-net, multi-year leases of space to a single tenant.
Research | Aug 21, 2024 With strong gains in the stock market, will opportunity zones make a comeback? by Peter Ciganik and Timothy Bernstein, GTIS Partners With more than $38 billion of capital raised through second quarter 2024, Qualified Opportunity Zone Funds (QOFs) have become an important source of capital for community investment and development. While capital raising and deployment slowed in 2023 in the midst of a challenging real estate market and decrease in capital gains events, QOFs have continued to raise money at a solid pace.
Fundraising | Aug 20, 2024 Cortland announces $1.5b close for sixth value-add multifamily fund by ANDREA Zander Cortland has held a close for its Cortland Enhanced Value Fund (CEVF) VI, L.P. and its affiliated entities, securing $1.5 billion in commitments, exceeding its $1.0 billion target.Â
Fundraising | Aug 20, 2024 Dermody Properties raises $1b for Industrial Fund IV by Andrea Zander Dermody Properties has closed its fourth commingled fund, Dermody Properties Industrial Fund IV, L.P. (DPIF IV), securing $1.043 billion in capital commitments.Â
People | Aug 20, 2024 INREV names new chief executive by Andrea Zander INREV has announced the appointment of Casper Hesp as its new CEO, according to media outlets.
Investors | Aug 20, 2024 IOS sector on the rise with institutional capital, says Zenith by Andrea Zander The industrial outdoor storage (IOS) sector is rapidly gaining momentum in the United States, emerging as a key player in the industrial real estate landscape.
Investors | Aug 20, 2024 The Dot Group secures long-term financing relationship with Blue Owl’s GP strategic capital platform by Released The Dot Group has formed a strategic financing relationship with Blue Owl’s GP Strategic Capital platform.
