People | Jan 16, 2024 Ontario Teachers’ announces slew of executive promotions by Kali Persall Ontario Teachers’ Pension Plan Board has appointed three longstanding investment leaders to new executive roles.
Research | Jan 12, 2024 U.S. Bank Outlook 2024: Facing a slower economy, tighter regulation, and potential drop in rates by Released The U.S. banking industry has found greater stability after bank failures in March and April 2023, and S&P Global Ratings expects most banks to perform well and build capital in 2024.
Investors | Jan 12, 2024 Connecticut Office of the Treasurer Erick Russell makes $250m real estate commitments by Andrea Zander Connecticut Office of the Treasurer Erick Russell has made several commitments to real estate during meeting Jan. 10.
People | Jan 12, 2024 Inland Real Estate Investment Corp. CEO to retire by Released Mitchell Sabshon has decided to retire from his positions of president, CEO and as a director of Inland Real Estate Investment Corporation effective Feb. 1, 2024.
Research | Jan 12, 2024 2023 has been a strong year for renter demand, says report by Andrea Zander At this stage in the cycle, renter demand for units has remained strong, gaining momentum at the national level and across most major BTR markets, says Northmarq.
Transactions | Jan 12, 2024 Starwood Capital acquires portfolio of 10 hotels from Edwardian Group by Released Starwood Capital Group has acquired a portfolio of 10 hotels from Edwardian Group for an undisclosed sum through an off-market transaction.
Research | Jan 12, 2024 Senior housing occupancy rate increases for 10th consecutive quarter by Released The senior housing occupancy rate for the 31 NIC MAP Primary Markets increased 0.8 percentage points from 84.3 percent in the third quarter of 2023 to 85.1 percent in the fourth quarter 2023.
Research | Jan 12, 2024 Equable’s 2023 year end update on the state of United States pension plans by Lewis Dayton The average funded ratio for American public pension plans was 78.1 percent at the end of the 2023 fiscal year, according to Equable’s recent The State of Pensions 2023 Year End Update, authored by Anthony Randazzo and Jonathan Moody.
Investors | Jan 12, 2024 Los Angeles Employees commits $75m to real estate funds by Lewis Dayton The Los Angeles City Employees Retirement System has committed $50 million to Waterton Residential Property Venture XV (WRPV XV) and $25 million to Kayne Anderson Core Real Estate (KACORE).
Fundraising | Jan 12, 2024 Grosvenor and Generali launch residential debt financing partnership by Released Grosvenor and Generali Real Estate, the Generali Group asset management company specialized in real estate investments, have announced a new partnership to support residential developers with debt financing.
People | Jan 12, 2024 Christopher Ailman to retire as CIO of CalSTRS by Released Christopher Ailman, chief investment officer of the California State Teachers’ Retirement System (CalSTRS), announced his retirement at the Teachers’ Retirement Board Investment Committee meeting. He will continue to serve as CIO through June 30, 2024, while the board conducts a global search for his successor. Ailman has served as the CalSTRS CIO since October 2000. He is one of the longest-tenured CIOs in the world.
Investors | Jan 11, 2024 Macquarie Group provides financing of $200m for tech lending platform by Andrea Zander Momnt and Saluda Grade have closed an asset-backed revolving warehouse facility of up to $200 million from Macquarie Group.
Investors | Jan 11, 2024 Healthpeak Properties enters into $236m JV with Breakthrough Properties by Released Healthpeak Properties has formed a new strategic joint venture with Breakthrough Properties through a sale of a 65 percent interest in Healthpeak’s fully leased Callan Ridge lab campus in the Torrey Pines submarket of San Diego.
Transactions | Jan 11, 2024 W. P. Carey sells Spanish office portfolio for $359m by Andrea Zander W.P. Carey has sold a portfolio of 70 office properties net leased to the State of Andalusia in Southern Spain.
Transactions | Jan 11, 2024 Realterm acquires 32-door truck terminal in Nanuet, New York by Released Realterm has added to its transportation logistics real estate portfolio.
Research | Jan 11, 2024 AI’s impact on the data center industry is still in very early innings, says Newmark by Andrea Zander The impact of artificial intelligence (AI) on the data center market is manifold.
Investors | Jan 11, 2024 DRC Savills Investment Management enters U.S. real estate debt market by Andrea Zander DRC Savills Investment Management (DRC SIM), the specialist debt investment platform of Savills Investment Management, has entered into a joint venture with QCP LLC.
Transactions | Jan 11, 2024 AEW completes acquisition of Natixis Investment Managers International’s private debt business by Released AEW Europe has completed the acquisition of Natixis Investment Managers International’s private debt business.
Fundraising | Jan 11, 2024 Clarion Partners Europe raises €496m for U.K. logistics fund by Andrea Zander Clarion Partners Europe has held the final closing of its core-plus, closed-end U.K. logistics fund. Exceeding its capital-raising target, equity commitments totaling £427 million (€496 million/$543 million) have been secured from a mix of European, North American, and Asian institutions.
People | Jan 11, 2024 Blackstone announces new co-CIOs and co-head of real estate by Andrea Zander Ken Caplan, current global co-head of real estate at Blackstone, and Lionel Assant, European head of private equity at the firm, have been elevated to newly created roles as global co-CIOs of Blackstone.
