Investors | Aug 29, 2024 Logos Faith Development taps Walker & Dunlop to raise $400m to develop affordable housing on church land by Released Logos Development, under the leadership of Pastor Martin Porter, has partnered with Walker & Dunlop as its exclusive financial advisor for the capitalization of affordable housing projects on church owned land in partnership with LOGOS Development throughout urban neighborhoods on the West Coast.
Investors | Aug 29, 2024 Blue Owl, Chirisa Technology Parks and PowerHouse Data Centers announce first phase of $5b JV development partnership by Released Funds managed by Blue Owl Capital, Chirisa Technology Parks (CTP) and PowerHouse Data Centers have executed a joint venture development agreement focused on the development of large-scale AI/HPC data centers for CoreWeave.
Transactions | Aug 29, 2024 Apt.Residential secures site for second major Sydney project by Released Build-to-rent investment manager Apt.Residential has purchased multi-story commercial buildings in suburban Sydney for A$55 million ($37 million) with plans to convert the buildings to rental apartments and studios.
Research | Aug 29, 2024 Achieving multifamily investment success in a changing market by Luke Pierce Institutional investors have relied upon multifamily as a cornerstone of their real estate portfolios for decades. With soaring housing prices and prolonged elevated mortgage rates, premier apartment communities present, more than ever, an attractive alternative for a large swath of residents, providing the tasteful finishes and amenities they seek in a home. These dynamics have solidified the sector’s place among housing choices, creating a comparatively stable place to allocate capital
Transactions | Aug 29, 2024 Lendlease, Aware close on $316m in construction financing for Habitat by Released Lendlease and joint venture partner Aware Super, one of Australia’s largest superannuation funds, have closed $316 million in construction funding for the development of Habitat, a mixed-use development in Los Angeles.
People | Aug 29, 2024 Peter King named senior real estate specialist within the client coverage division at DWS by Andrea Zander Peter King has been named a senior real estate specialist within the client coverage division at DWS.Â
Research | Aug 29, 2024 Principal Asset Management releases mid-year real estate outlook by Andrea Zander Principal Asset Management has released its Mid-Year Real Estate Outlook.
Research | Aug 29, 2024 Savills Nearshoring Index names top destinations for industrial occupiers looking to shorten supply chains by Andrea Zander Portugal and the Czech Republic in Europe, Japan and Singapore in Asia, and Canada in the Americas are the best locations in their respective regions for industrial occupiers looking to nearshore supply chains, according to Savills.Â
Research | Aug 28, 2024 Power challenges not dampening record demand for U.S. data centers by Released Demand for data centers has never been higher, as evidenced by a record-breaking first half of 2024. These facilities are foundational to how modern society functions, placing increasing importance on ensuring land, power and talent are available for continued operations.
People | Aug 28, 2024 Gaw Capital appoints Jialin Li as managing director of investments by Released Gaw Capital Partners has appointed Jialin Li as managing director, investments.
Investors | Aug 28, 2024 LAFPP to reduce allocation to REITs, increase allocation to private real estate by Kali Persall The Los Angeles Fire and Police Pensions (LAFPP) has approved reducing the target allocation to REITs from 3 percent to 1.5 percent of the total plan, and increasing the target allocation to private real estate from 7 percent to 8.5 percent.
People | Aug 28, 2024 President of GID Development Group, James Linsley, announces retirement by Released GID Investment Advisers has announced that James Linsley, president at GID Development Group, will be retiring after 17 years of leadership with GID's development platform to pursue long-planned personal adventures, the first of which is his upcoming quest to sail around the world.
People | Aug 28, 2024 UPDATED: KREST names Julia Butler as CEO by Andrea Zander KKR Real Estate Select Trust (KREST) has appointed Julia Butler to CEO, reported DI WIRE.
Fundraising | Aug 28, 2024 Far East Orchard launches inaugural student accommodation fund by Andrea Zander Far East Orchard has launched its first private fund in Singapore, the FE U.K. Student Accommodation Development Fund (FESAD), which aims to invest in purpose-built student accommodation (PBSA) across United Kingdom, according to a release.
Transactions | Aug 28, 2024 Prologis UK makes logistics acquisition by Released Prologis UK has bought a Park Royal trophy asset, expanding its existing portfolio in London. The seller was DTZ.
Transactions | Aug 28, 2024 LaSalle acquires hotel in London by Released LaSalle Investment Management has acquired a central London hotel from abrdn for £56 million ($66 million) on behalf of a U.K. custom account client.
People | Aug 27, 2024 Jaladhi Shukla becomes senior investment officer of Dallas Employees’ Retirement Fund by Kali Persall Jaladhi Shukla has been promoted to senior investment officer at the Dallas Employees’ Retirement Fund, a defined benefit plan for the city of Dallas’s nonuniformed, permanent employees.
Transactions | Aug 27, 2024 Class A industrial portfolio trades hands for $215m by Released JLL Capital Markets announced the sale of Core5 at Middletown, an industrial portfolio featuring two newly constructed, fully leased class A buildings located in Middletown, Penn.Â
Transactions | Aug 27, 2024 Wheelock Street Capital JV secures $234m construction financing for Rosewood Residences Naples in Florida by Released JLL Capital Markets has arranged $234 million construction financing for Rosewood Residences Naples, a 42-unit, ultra-luxury waterfront condominium development situated directly on the beach in Naples, Fla.Â
Transactions | Aug 27, 2024 QIC set to sell 50% share of Claremont Quarter to Hawaiian by Released QIC has exchanged contracts with Hawaiian on the purchase of QIC’s 50 percent share of Claremont Quarter in Western Australia.
