Transactions | Feb 26, 2018 Sovereign wealth fund enters Raleigh-Durham market by Andrea Zander Bahrain Mumtalakat Holding Co., the sovereign wealth fund of the Kingdom of Bahrain, has purchased its first office property in Raleigh-Durham, N.C.
Fundraising | Feb 26, 2018 Bridge Investment launches two new real estate funds by Jody Barhanovich Bridge Investment Group, a privately held real estate investment and property management firm, has launched two new real estate funds.
Investors | Feb 23, 2018 Chinese government takes over hotel investor by Andrea Zander China's Insurance Regulatory Commission (CIRC) has taken control of Anbang Insurance Group Co. for a year.
People | Feb 23, 2018 CalSTRS announces retirement of CFO Robin Madsen by Jody Barhanovich Robin Madsen, CFO of the $231.6 billion California State Teachers’ Retirement System, will retire March 31.
Transactions | Feb 23, 2018 JV acquires 1,115-bed Florida student-housing development by Jody Barhanovich A joint venture between H. Katz Capital and Coastal Ridge Real Estate has acquired a 1,115-bed student housing development in in Gainesville, Fla.
Transactions | Feb 23, 2018 Blackstone, M7 buy £320m U.K. industrial portfolio by Andrea Zander InfraRed Capital Partners, on behalf of its Active Real Estate Fund III, has sold a £320 million ($447 million) U.K. light industrial portfolio.
Research | Feb 23, 2018 Care home market posts another year of growth in Germany by Marek Handzel The German market for care home real estate investment continued to grow in 2017, posting transactions worth over €1 billion ($1.23 billion).
Transactions | Feb 23, 2018 Sterling Bay and J.P. Morgan acquire Groupon HQ for $510m by Andrea Zander Sterling Bay and institutional investors advised by J.P. Morgan Asset Management have acquired a property in Chicago for $510 million.
Transactions | Feb 23, 2018 Recent commercial real estate transactions by Roxy Rhodes Transactions reported this week included a property in New York City.
Transactions | Feb 22, 2018 JPMorgan Chase to build new 2.5msf headquarters by Andrea Zander JPMorgan Chase has plans to build a new 2.5 million-square-foot skyscraper at 270 Park Ave. in Midtown Manhattan, replacing the current 70-story building.
Transactions | Feb 22, 2018 Winthrop to sell Times Square hotel development for $1.5b by Andrea Zander Winthrop Realty Trust has agreed to sell its interest in 701 Seventh Ave., a hotel development site in Manhattan’s Times Square area, for $1.53 billion.
Investors | Feb 22, 2018 Alaska Permanent sells Simpson Housing stake for $1.4b by Jody Barhanovich The $66 billion Alaska Permanent Fund Corp. approved the sale of its 50 percent stake in Simpson Housing for $1.4 billion.
Investors | Feb 22, 2018 Orange County, Calif., hires Townsend Group by Jody Barhanovich The Orange County (Calif.) Employees Retirement System’s investment committee has approved the action to hire The Townsend Group for its real estate consulting services.
People | Feb 22, 2018 Rubenstein Partners hires new director of investor relations by Released Rubenstein Partners has hired Ferhat Guven as director of investor relations.
Investors | Feb 22, 2018 OP&F reports 13.7% investment portfolio return in 2017 by Jody Barhanovich The $15.7 billion Ohio Police & Fire Pension Fund has reported a net return of 13.68 percent for the year.