Transactions | Oct 9, 2023 Japanese company ITOCHU forms partnership with Capital Square by Released Capital Square has formed a joint venture partnership with ITOCHU Corporation to acquire Creekside Terrace.
Transactions | Oct 9, 2023 Walton Global sells 151-acre parcel for residential development in Fort Worth, Texas by Released Walton Global has sold Longhorn Estates, a 151-acre parcel located in southwest Fort Worth, Texas.
Research | Oct 6, 2023 U.S. adds 336,000 jobs in September; unemployment remains at 3.8 percent by Lewis Dayton The U.S. economy added 336,000 jobs in September, surpassing consensus estimates by a meaningful margin. The unemployment rate remained unchanged at 3.8 percent and the number of unemployed persons stayed essentially the same at 6.4 million.
Investors | Oct 6, 2023 TCRS posts 6.66 percent net return for fiscal year by Lewis Dayton The $65.2 billion Tennessee Consolidated Retirement System (TCRS) posted a net return of 6.66 percent for the fiscal year that ended on June 30, below its benchmark of 8.57 percent.
Transactions | Oct 6, 2023 Hines completes renovation of 101 California by Released Hines announced the completion of the renovation of 101 California, the 48-story tower, 1.2 million-square-foot office tower, in San Francisco’s Financial District.
Fundraising | Oct 6, 2023 A. Walker & Co. launches new JV equity investment vehicle by Released A. Walker & Co., a minority-owned and operated, institutionally-backed investment manager launched in 2022, has launched its inaugural vehicle.
Investors | Oct 6, 2023 Logistics, real estate and AI – how AI will impact supply chains by Lewis Dayton AI feeds on data, and wielding robust and relevant data sets is integral to running an effective AI system, said the panelists during last week’s Groundbreakers event hosted by Prologis at Pier 1 in San Francisco.
Transactions | Oct 6, 2023 CapMan Nordic Real Estate Fund III makes 14th investment by Andrea Zander CapMan Real Estate has acquired a logistics development project situated in Sweden.
Real Estate | Oct 6, 2023 CBRE recommends expanded use of real estate investment approaches to mitigate risks by Andrea Zander In the new research report, CBRE recommends Asia Pacific investors to enhance diversification through broader use of real estate investment approaches to offset downside risks stemming from rising interest rates, ongoing property market adjustments, and softer fundraising conditions.
Transactions | Oct 6, 2023 Madison Realty Capital completes $115m loan for mixed-use multifamily developments in Los Angeles by Released Madison Realty Capital has upsized its initial bridge loan to a total commitment of $115 million for a construction loan.
Investors | Oct 6, 2023 PART 2: IREI symposium — Asia Pacific real estate outlook by Reno Sio The Chinese government is institutionalizing its multifamily sector. For investors without geopolitical constraints, China could offer the opportunity to buy land at 20 percent to 30 percent below market value from local governments or landowners that are potentially financially stretched because of their inability to get refinancing, according to a symposium hosted by Institutional Real Estate, Inc. and held on Aug. 24 in Melbourne, Australia.
Transactions | Oct 6, 2023 GARBE launches THE SODA with Potsdam as first location by Released GARBE Institutional Capital has launched THE SODA.
People | Oct 6, 2023 Grosvenor promotes Jonathan Carr to managing director, development by Released Grosvenor has promoted Jonathan Carr to managing director, development.
Research | Oct 6, 2023 U.S., Canada mid-year ports update: Markets showing tempered demand on lower volume by Andrea Zander Most port-proximate industrial real estate markets are registering tempered demand totals due to lower port volumes coupled with softening economic conditions, according to Cushman & Wakefield in its mid-year ports update.
People | Oct 6, 2023 Primestor Development appoints Lonnie Vidaurr to CIO by Kali Persall Primestor Development, a real estate development and investment firm, has appointed Lonnie Vidaurri to the position of CIO.
Transactions | Oct 5, 2023 Schroder Trust refinances Dutch industrial portfolio below existing margin by Released Schroder European Real Estate Investment Trust has completed a five-year debt refinancing secured against the company’s five-asset Dutch industrial portfolio.
Investors | Oct 5, 2023 North Carolina State Pension Fund returns 5.28 percent for the fiscal year by Lewis Dayton The North Carolina State Pension Fund (NCSPF) returned 5.28 percent for the fiscal year that ended on June 30, below its benchmark of 6.49 percent.
Investors | Oct 5, 2023 Missouri LAGERS posts a 4.3 percent net return for the fiscal year by Lewis Dayton The $10.35 billion Missouri Local Government Employees Retirement System (Missouri LAGERS) posted a net return of 4.3 percent for the fiscal year that ended on June 30, below its benchmark of 6.6 percent.
Investors | Oct 5, 2023 Q&A: Inland CEO discusses alternative property sectors and shift of demographics by Andrea Zander Keith Lampi, CEO of Inland Private Capital Corporation, discusses how the core property investments are changing rapidly from the traditional office, apartments, industrial and retail sectors to student housing, self-storage, medical office building and senior living given the strong returns, limited downside volatility and resilience during economic cycles.
Transactions | Oct 5, 2023 Charter Hall sells Australia’s first skyscraper by Andrea Zander Charter Hall has sold Orica House, one of Australia’s first skyscraper, according to Australian media outlets.
