Transactions | Nov 3, 2023 DataBank snaps up 95 acres of land in Atlanta for colocation space development by Released DataBank has acquired 95 acres of land near Lithia Springs in the Atlanta market.
Investors | Nov 3, 2023 Claremont McKenna posts 5.2% return for fiscal year by Lewis Dayton Claremont McKenna College generated a 5.2 percent return for its investments for the fiscal year that ended on June 30, slightly underperforming its 5.8 percent benchmark. Â
Investors | Nov 3, 2023 Roundtable explores historical precedent and lender relationships by Andrea Zander During a recent virtual roundtable conducted by Institutional Real Estate, Inc., where institutional investors, consultants, and investment managers converged, moderated by Chase McWhorter, managing director, Americas, one participant emphasized the importance of historical precedent when describing the current environment.
Transactions | Nov 2, 2023 Blackstone buys London, Edinburgh student housing for €424m by Andrea Zander iQ Student Accommodation, one of the U.K.’s leading providers of student housing and a Blackstone portfolio company, has supported Blackstone in the acquisition from Downing Students of two high-quality, purpose-built student accommodation (PBSA) assets — Vega in London and The Mont in Edinburgh.
Transactions | Nov 2, 2023 GIC invests in European resort hotel owner by Andrea Zander GIC has invested into Hotel Investment Partners (HIP), an owner of resort hotels in Southern Europe.
People | Nov 2, 2023 CRE finance experts Will Flaa and Ken Wood join Red Oak Capital Holdings by Released Red Oak Capital Holdings has made two new hires.
Transactions | Nov 2, 2023 ADIA acquires 40% stake in Landmark Dividend by Andrea Zander A wholly owned subsidiary of the Abu Dhabi Investment Authority has plans to acquire a 40% stake in Landmark Dividend.
Fundraising | Nov 2, 2023 Boston Financial closes $164m national multi-investor LIHTC fund by Released Boston Financial has closed Boston Financial Institutional Tax Credits 59 Limited Partnership (ITC 59), a $164 million low-income housing tax credit (LIHTC) fund.
Investors | Nov 2, 2023 Data management for CRE investors, developers and lenders by Lewis Dayton There’s no question that data sourcing and management is increasingly becoming an invaluable component of CRE and infrastructure decision making.
Fundraising | Nov 2, 2023 Gresham House holds $365m final close for U.K. timberland fund by Lewis Dayton Gresham House has achieved the target total commitments of £300 million ($364.6 million) for its Forest Growth & Sustainability LP following a final close.
Research | Nov 2, 2023 Implications for commercial real estate as Fed keeps rates steady by Lewis Dayton Inflation remains notably above the Fed’s stated 2 percent target, as core inflation rose 0.3 percent in September and had risen 4.1 percent during the preceding 12 months.
Fundraising | Nov 2, 2023 Argosy Real Estate Partners V holds final close with $472m of capital by Lewis Dayton Argosy Real Estate Partners has held a final close for Argosy Real Estate Partners (AREP) V and its parallel funds, after raising $472 million in capital, surpassing its $400 million fundraising target.
Transactions | Nov 2, 2023 Heitman further expands investment in Norwegian student housing by Released Heitman has made two student housing acquisition, Studinen and SG 28, in Gjøvik, located in Norway.Â
Investors | Nov 2, 2023 Vanderbilt’s endowment posts 2% loss for fiscal year by Lewis Dayton Vanderbilt University’s endowment, with a market value of $9.7 billion, posted a 2.0 percent loss for the fiscal year that ended on June 30.
DWS appoints Hiroki Wiesheu as president and head of coverage in Japan by Released DWS has appointed Hiroki Wiesheu as president and head of coverage.
People | Nov 2, 2023 Jennifer Stewart joins IBM head of real estate for the Americas by Andrea Zander Jennifer Stewart has joined IBM as director and head of real estate for the Americas.
Research | Nov 1, 2023 Institutional target allocations to real estate remain flat for the first time since 2013 by Andrea Zander Institutional target allocations to real estate have remained flat for the first time in 10 years, at 10.8 percent.
Transactions | Nov 1, 2023 PCCP provides $252m of construction financing for development of three industrial buildings totaling 2.15msf by Released PCCP has provided $252.3 million of construction financing to a joint venture.
Transactions | Nov 1, 2023 GIC sells Oz mall stake at a loss, buys stake in European resort hotels firm by Jennifer Molloy In separate deals, GIC, Singapore’s sovereign wealth fund, has sold back its 49 percent stake in Sydney mall Chatswood Chase to Vicinity Centres for A$307 million ($195 million), representing a 45 percent discount from the A$562 million ($356 million) GIC paid Vicinity Centres for the stake six years ago.
Transactions | Nov 1, 2023 Daibiru Corp. to develop market-first Sapporo luxury hotel by Released JLL Hotels & Hospitality Group has advised Daibiru Corp. on the selection of a luxury hotel partner in the Sapporo Daibiru Redevelopment Project.
