Transactions | Jul 30, 2014 Blackstone to buy two more assets in London by Andrea Waitrovich The Blackstone Group has acquired one office property in London and is planning to purchase another, for a total of pound;489.5 million ($829.5 million) in sales price.
People | Jul 29, 2014 Suzanne West joins AVP Advisors as managing partner by Andrea Waitrovich Suzanne West has joined AVP Advisors as a managing partner, effective Aug. 1.
Fundraising | Jul 29, 2014 Madison Realty raises $95m for recently launched debt fund by Reg Clodfelter Madison Realty Capital has completed a $95.4 million first closing for its recently launched third debt fund, Madison Realty Capital Debt Fund III.
Report: Rising CMBS defeasance a positive sign by Reg Clodfelter The volume of defeased CMBS loans skyrocketed from an average of $3.3 billion per year from 2009 to 2011 to $11.8 billion in 2013 and a projected $12.7 billion in 2014.
Transactions | Jul 28, 2014 IN-DEPTH: MetLife JV buys fourth property for $561m by Andrea Waitrovich MetLife Real Estate Investors and Norges Bank Investment Management, which invests on behalf of Norway's Government Pension Fund Global, have closed on their acquisition of 1 Beacon St. in Boston for approximately $561 million.
Research | Jul 28, 2014 Report: Africa contains top emerging markets for office investment by Reg Clodfelter Africa contains six of the top 10 most efficient and transparent emerging markets for office investment worldwide, according to a new report from Cushman & Wakefield.
Transactions | Jul 28, 2014 IN-DEPTH: Capri JV acquires California mixed-use property for $283m by Andrea Waitrovich Joint venture partners Capri Capital Partners, Guardian Life Insurance Co. and TruAmerica Multifamily have acquired the newly built Vermont.
People | Jul 28, 2014 MassPRIM considers re-upping with Townsend for consulting services by Reg Clodfelter The real estate and timber committee for the Massachusetts Pension Reserves Investment Management Board has recommended the selection of The Townsend Group to provide general real estate and timber consulting services.
Investors | Jul 25, 2014 Swiss pensions form infrastructure investment club by Drew Campbell A group of nine Swiss pension funds has committed to forming an investment club to make infrastructure investments using an evergreen fund platform - IST 3 Infrastructure Global.
Fundraising | Jul 25, 2014 Meridian launches second fund by Reg Clodfelter The Meridian Group has launched its second real estate fund, Meridian Realty Partners II, and is looking to raise $250 million for the vehicle.
Transactions | Jul 25, 2014 Recent commercial real estate transactions by Andrea Waitrovich The largest transaction was a hotel in Kihei, Hawaii.
Transactions | Jul 24, 2014 SL Green places one asset on the market and sells another by Andrea Waitrovich SL Green Realty Corp. has sold one Manhattan asset and placed another one on the market.
IN-DEPTH: Lubert-Adler sells two shopping centers for $336m by Andrea Waitrovich Lubert-Adler Partners has exited an equity and debt investment through the sale of two suburban shopping centers for $336 million.
Transactions | Jul 24, 2014 CalSTRS to sell another asset by Andrea Waitrovich The $183.8 billion California State Teachers' Retirement System is selling 1835 Market St., a 684,000-square-foot office in Philadelphia.
Investors | Jul 24, 2014 Report: No difference in historical performance between high-return strategy classifications by Reg Clodfelter A new report from Landmark Partners suggests the distinction between value-added and opportunistic is not as useful as commonly believed.
Transactions | Jul 23, 2014 Oaktree JV buys three industrial properties for $735m by Andrea Waitrovich Oaktree Capital Management and PATRIZIA Immobilien have been buying up assets for their joint venture.
Transactions | Jul 23, 2014 Norway's SWF pays nearly $1.2b for two assets by Andrea Waitrovich Norges Bank Investment Management, which invests on behalf of Norway's Government Pension Fund Global, has two pending deals in Boston and Paris for a total investment of approximately $1.15 billion.
Research | Jul 23, 2014 Returns from farmland lower in Q2 by Loretta Clodfelter Farmland returns in the second quarter, at 1.73 percent, were the lowest since 2011, according to the NCREIF Farmland Index.
Fundraising | Jul 23, 2014 Colony Capital raises $492m for opportunistic fund by Reg Clodfelter Colony Capital has raised $491.7 million for Colony Distressed Credit & Special Situations Fund III.
Transactions | Jul 22, 2014 Blackstone buys Max Property Group for $764m by Andrea Waitrovich Max Property Group has announced the disposal of its entire property business to Marina Topco.