People | Dec 8, 2023 Lisa Laird joins Mercy Investment Services as CIO by Released Lisa Laird will join Mercy Investment Services as CIO.
Transactions | Dec 8, 2023 Naftali Group closes on $236m construction loan for NYC Project by Released Naftali Group has closed on a construction loan for its forthcoming 255 E. 77th St. project on Manhattan’s Upper East Side.
Research | Dec 8, 2023 Origin Investments predicts emerging opportunities in multifamily in 2024 by Released Origin Investments, a multifamily real estate fund manager, has released its top 10 predictions for 2024.
Investors | Dec 8, 2023 Ohio Police & Fire commits $100m to Blackstone Property Partners by Lewis Dayton The Ohio Police & Fire Pension Fund has committed $100 million to Blackstone Property Partners.
Fundraising | Dec 8, 2023 Mastern APAC and STS Development launch senior housing fund by Lewis Dayton Mastern APAC, a subsidiary of Korea-based Mastern Investment Management, has launched a senior housing development fund with STS Development.
Research | Dec 8, 2023 The value of off-site manufacturing by Lewis Dayton Off-site manufacturing increasingly is becoming more cost-effective, safe and environmentally friendly as a construction option. That is one of the takeaways from a new report from Moddex, an Australian manufacturer of barrier systems for large-scale infrastructure and non-residential construction projects.
Investors | Dec 7, 2023 Quilvest Capital Partners and Axis IOS launch $500m JV for IOS strategy, complete first acquisition by Released Quilvest Capital Partners and Axis IOS have launched a joint venture.
People | Dec 7, 2023 Chad Tredway rejoins J.P. Morgan as head of real estate Americas, J.P. Morgan Asset Management by Released Chad Tredway has rejoined J.P. Morgan as the incoming head of real estate Americas, J.P. Morgan Asset Management.
People | Dec 7, 2023 Michael Beattie to retire by Released Michael Beattie has plans to retire as Grosvenor CIO at the end of 2023.
Investors | Dec 7, 2023 Louisiana Teachers commits $275m to real estate funds by Lewis Dayton The Teachers’ Retirement System of Louisiana (TRSL) has committed $150 million to Brookfield Strategic Real Estate Partners (BSREP) V, $75 million to Bain Capital Real Estate Fund (BCREF) III and $50 million to Cabot Industrial Value Fund (CIVF) VII.
Transactions | Dec 7, 2023 Mitiska REIM sells 25 Romanian retail parks to LCP for €219m by Andrea Zander Mitiska REIM has completed the sale of 25 retail parks in Romania to LCP Group for €219 million ($236 million).
Investors | Dec 7, 2023 Q&A: National Real Estate Advisors CEO discusses data centers and core investment by Andrea Zander Jeff Kanne, president and CEO of National Real Estate Advisors, an investment manager developing, operating and managing commercial real estate projects across the United States, partook in a Q&A to discuss data center sector dynamics, the challenges and considerations in data centers, the geographic importance in data center investments and current and future trends.
Research | Dec 7, 2023 PGIM Real Estate forecasts the next year for North America’s real estate markets by Lewis Dayton In the face of falling property values, property incomes have generally remained resilient in the U.S. real estate sector. In its recent 2024 Americas real estate outlook report, PGIM Real Estate says it expects property values to broadly continue their decline by another 10 percent and that rent growth will decelerate, though will stay positive.
Research | Dec 7, 2023 Medtech and biomanufacturing fuel life sciences growth by Released The medtech and biomanufacturing sectors are driving new growth in the life sciences industry.
Investors | Dec 7, 2023 Marcus & Millichap enters strategic partnership with EquityMultiple by Released Marcus & Millichap (MMI) has made an equity investment in EquityMultiple.
Research | Dec 7, 2023 Private capital is projected to drive the Asia Pacific commercial real estate market in 2024 by Released Private capital is expected to remain a driving force in the Asia Pacific commercial real estate market, according to Knight Frank.
People | Dec 7, 2023 Kenneth Fridley named COO of Alyssa Partners by Jennifer Molloy Kenneth Fridley joined Alyssa Partners in Tokyo.
Investors | Dec 7, 2023 San Bernardino County posts fiscal year return of 5 percent by Lewis Dayton The San Bernardino County (Calif.) Employees’ Retirement Association (SBCERA) generated a 5 percent return for the fiscal year that ended on June 30, 2023, underperforming its benchmark of 7.2 percent.
Investors | Dec 6, 2023 New GI Partners venture to focus on medical outpatient buildings by Andrea Zander GI Partners has formed a venture focused on investments in medical outpatient buildings.
Research | Dec 6, 2023 U.S. REITs bounces back in November by Loretta Clodfelter U.S. REITs bounced back dramatically in November.