Transactions | Feb 6, 2024 Carlyle provides €135m development loan for Round Hill Capital’s 488-unit Manchester BTR by Released Carlyle’s Global Credit platform has provided Round Hill Capital with a £115 million (€135 million/$145 million) development loan to fund the construction of Fairfax.
Research | Feb 6, 2024 Moody's: 2023 finishes as the worst year on record for CMBS office maturities by Andrea Zander In December, approximately $319.8 million of CMBS office debt reached its fully extended maturity date, the second-lowest monthly amount this year, according to Moody’s Analytics.
People | Feb 6, 2024 Illinois State Board of Investment appoints Dipesh Mehta as CIO by Released Completing an extensive recruitment and search process, the Board of Trustees of the Illinois State Board of Investment (ISBI) has officially announced the appointment of Dipesh Mehta as the executive director and CIO, effective January 1, 2024.
Investors | Feb 5, 2024 King Street to invest €270m of equity in residential projects in Spain by Released AEDAS Homes, a homebuilder in Spain, and King Street Capital Management have signed an agreement to invest up to €270 million ($290 million) of equity to develop new-build residential projects.
Investors | Feb 5, 2024 LaSalle, Swiss Life Asset Managers complete logistics joint venture by Released LaSalle Investment Management and Swiss Life Asset Managers complete a joint venture focusing on the German logistics market.
Transactions | Feb 5, 2024 Hines to develop 1.2msf distribution center near Houston by Released Hines has plans to develop a 1.2 million-square-foot distribution center (DC) in Hockley, Texas in 2026.
Transactions | Feb 5, 2024 CTP expands Germany portfolio with acquisition of industrial park by Released CTP has expanded its Germany portfolio.
Investors | Feb 5, 2024 Virginia Union, Steinbridge Group announce largest investment in university’s history by Released Impact investing firm Steinbridge Group will invest approximately $40 million to enable Virginia Union University to unlock the value of its 100-acre real estate holdings in Richmond’s North Side.
Research | Feb 5, 2024 U.S. economy adds 353,000 jobs in January by Lewis Dayton The total nonfarm payroll employment in the United States increased by 353,000 in December, notably surpassing estimates, though the unemployment rate remained steady at 3.7 percent.
Transactions | Feb 5, 2024 CapitaLand India Trust to invest in three industrial facilities at OneHub Chennai, India by Released CapitaLand India Trust (CLINT) has entered into a forward purchase agreement with Casa Grande Group to acquire three industrial facilities.
Research | Feb 5, 2024 Green Street releases 2024 U.S. Sector outlooks with expanded historical market-level data by Released Green Street has released its 2024 Sector Outlooks.
Research | Feb 5, 2024 CenterSquare anticipates reaching peak rates, creating opportunities to deploy capital in private market by Andrea Zander CenterSquare anticipates reaching peak rates, which should establish a compelling opportunity for real estate investors to deploy capital in the private markets in the coming year, according to its recent report.
People | Feb 5, 2024 Pennsylvania Public School Employees names Brian Lyman as CFO by Released The Pennsylvania Public School Employees’ Retirement System (PSERS) has announced that Brian Lyman has been named as its chief financial officer. This appointment comes after an extensive nationwide search that took place over several recent months.
Fundraising | Feb 5, 2024 American South Fund Management closes its latest South U.S. real estate fund by Lewis Dayton American South Fund Management (ASFM), a joint venture between SDS Capital Group and Vintage Realty, has held a final close for American South Real Estate Fund II (ASREF II) after raising $174 million in equity commitments.
People | Feb 2, 2024 CenterSquare appoints Christina van Beelen as COO by Released CenterSquare Investment Management has appointed Christina van Beelen as COO.
CapitaLand Ascott Trust divests Citadines Mount Sophia Singapore for $111m by Released CapitaLand Ascott Trust (CLAS) has plans to divest Citadines Mount Sophia Singapore to an unrelated third party for S$148 million ($111 million).
Transactions | Feb 2, 2024 Legal & General and Miller Homes agree partnership to deliver 260 new suburban BTR homes by Released Legal & General’s Suburban Build-to-Rent business (LGSBTR) and Miller Homes have joined forces to deliver 260 new Suburban build-to-rent homes in Northamptonshire, U.K.
Research | Feb 2, 2024 2024 real estate investment outlook: ORG forecasts surge in opportunities by Released The year 2024 will be a strong one for dynamic investors to invest in private real estate opportunities, according to ORG in its outlook report.
Research | Feb 2, 2024 London office requirements hit 10-year high with 80% of companies seeking to upsize by Released London office requirements have hit the highest level for 10 years with companies hunting for close to 12 million square feet of new office space, according to Knight Frank.
Research | Feb 2, 2024 Marcus & Millichap releases 2024 national multifamily investment forecast by Released Marcus & Millichap has released its 2024 National Multifamily Investment Forecast.
