Investors | Apr 4, 2014 TH Real Estate launches German retail fund by Reg Clodfelter Newly formed TIAA Henderson Real Estate has gotten to work quickly, launching the Core German Retail Fund, a core and core-plus fund that will invest in German retail including specialist retail parks, self-service department stores, hybrid malls and inner-city shopping centers.
Fundraising | Apr 4, 2014 Carlyle Group raises $1b for its seventh fund by Andrea Waitrovich The Carlyle Group has raised $1.13 billion for its Carlyle Realty Partners VII, according to a filing with the SEC.
Transactions | Apr 4, 2014 Recent commercial real estate transactions by Andrea Waitrovich The largest completed transactions included an apartment complex in Chicago and an office property in Washington, D.C.
Fundraising | Apr 4, 2014 Alcion raises $269m for third distressed fund by Andrea Waitrovich Alcion Ventures has raised $269 million for its Alcion Real Estate Partners Fund III, according to filings with the SEC.
Fundraising | Apr 4, 2014 Swift holds $324m final close for value-added fund by Andrea Waitrovich Swift Real Estate Partners has raised $324 million for its Swift Real Estate Partners Fund I.
Investors | Apr 3, 2014 IN-DEPTH: Rockefeller JV bought Boston tower $345m by Andrea Waitrovich A joint venture between Rockefeller Group U.S. Premier Office Fund and Mitsubishi Estate has acquired 28 State St. in Boston. Here's an in-depth look at the deal.
MassPRIM issues RFP for real estate and timber consultant by Reg Clodfelter The Massachusetts Pension Reserves Investment Management Board, which manages Massachusetts' $58.2 billion Pension Reserves Investment Trust, has approved an RFP for real estate and timberland consulting services.
Fundraising | Apr 2, 2014 European fundraising takes off in 2014 by Reg Clodfelter European funds completed a massive quarter for fundraising, with funds that had a final close in first quarter 2014 raising $10.7 billion, after funds that had a final close only raised $950.5 million in first quarter 2013, and $11.2 billion throughout all of 2013, according to data from the IREI FundTracker database.
Fundraising | Apr 2, 2014 Madison holds $825m close by Andrea Waitrovich Madison International Realty has raised $825 million for its fifth value-added fund, Madison International Real Estate Liquidity Fund V.
Investors | Apr 2, 2014 Pramerica launches fifth debt fund with APG by Andrea Waitrovich Pramerica Real Estate Investors and Algemene Pensioen Groep have launched Pramerica Real Estate Capital V, a debt vehicle to invest in the Netherlands.
Investors | Apr 2, 2014 Las Vegas continues recovery in 2014 by Andrea Waitrovich After a stellar 2013 that saw year-over-year growth in property sales of 89 percent -- the second-largest growth in the nation -- investment momentum in Las Vegas has remained strong in first quarter 2014 with year-over-year sales growth in every major sector except hotels.
Fundraising | Apr 1, 2014 JBG raises $379m for ninth fund by Andrea Waitrovich JBG Cos. has raised $379 million for its JBG Investment Fund IX, according to a filing with the SEC.
Fundraising | Apr 1, 2014 CenterSquare markets third value-added fund by Andrea Waitrovich CenterSquare Investment Management has begun marketing its third value-added fund. CenterSquare Value-Added Fund III has a $500 million fundraising goal. A first closing is anticipated in second quarter 2014, and a final closing date is anticipated in the second quarter 2015.
Halstatt holds $67m close on second fund by Reg Clodfelter Halstatt Real Estate Partners has held a $66.9 million close on Halstatt Real Estate Partners Fund II, according to a filing with the SEC.
New Mexico to invest $150m in REITs by Reg Clodfelter The approximately $19 billion New Mexico State Investment Council has approved a motion to invest $150 million in preferred REIT investments.
IN-DEPTH: RXR buys 61 Broadway for $351m by Andrea Waitrovich RXR Realty has bought 61 Broadway from Broad Street Development and Heyman Properties. Here's an in-depth look at the deal.
IN-DEPTH: SL Green, Jeff Sutton buy SoHo office building for $326m by Andrea Waitrovich In New York City, 530-536 Broadway was sold to joint venture partners Jeff Sutton and SL Green Realty Corp. for $326 million. Here's an in-depth look at the deal.
CenterSquare hires Paul Peszt as vice president by Reg Clodfelter CenterSquare Investment Management has hired Paul Peszt to be a vice president in the private real estate group.
Transactions | Mar 28, 2014 Recent commercial real estate transactions by Andrea Waitrovich The largest completed transactions included an apartment complex in suburban Seattle and an office property in Manhattan.
Fundraising | Mar 28, 2014 Blackstone holds $7b close by Andrea Waitrovich The Blackstone Group has raised $7 billion for its fourth European real estate fund, making it one of the largest dedicated European real estate funds.