Investors | Jul 21, 2023 Morgan Properties-backed firm invests in Colleen AI by Released Colleen has raised $3.5 million in Series Seed funding.
Transactions | Jul 21, 2023 Planning consent secured for Europe’s largest and most technologically advanced life sciences building at Canary Wharf by Released Canary Wharf Group (CWG) and Kadans Science Partner have secured planning approval from Tower Hamlets Council for the development of a state-of-the-art commercial health and life sciences building at the North Quay site, adjacent to the Crossrail Station and new Elizabeth Line at Canary Wharf, London.
Investors | Jul 20, 2023 BlackRock and Angelo Gordon enters $250m private placement for Landsea Homes by Released Landsea Homes Corp. has entered into a $250 million note purchase agreement with various investors.
Investors | Jul 20, 2023 CalPERS reports negative return for its real estate portfolio 2022-2023 fiscal year by Andrea Zander California Public Employees' Retirement System (CalPERS) reported a preliminary net return of 5.8 percent on its investments for the 12-month period ending June 30, 2023.
People | Jul 20, 2023 Colliers appoints Sungwook Cho as new managing director in Korea by Released Colliers has announced the appointment of Sungwook Cho to Managing Director of Colliers Korea.
Research | Jul 20, 2023 Student housing on track for a solid 2023/2024, Yardi Matrix reports by Released The student housing sector continues to record strong rent growth and preleasing performance is up slightly over 2022.
Transactions | Jul 20, 2023 SC Capital Partners, ADIA and Goldman Sachs Asset Management acquire 27-hotel portfolio in Japan for $900m by Andrea Zander Singapore-headquartered private equity real estate firm SC Capital Partners (SCCP) has formed a consortium with a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA) and Goldman Sachs Asset Management, which has acquired a portfolio of 27 resort hotels in Japan from Daiwa House Industry, a Japan-based home construction and real estate development company.
Transactions | Jul 20, 2023 Berkadia arranges $217m debt and equity recap of Florida multifamily portfolio by Released Berkadia has arranged debt and equity financing totaling $217 million for the recapitalization of a three-property, 1,139-unit multifamily portfolio consisting of properties in Orlando and Fort Myers, Fla.
Investors | Jul 20, 2023 Core Spaces partners with Blue Owl’s GP strategic capital platform by Released Core Spaces has made a significant financial partnership with Blue Owl’s GP Strategic Capital platform.
People | Jul 20, 2023 Warburg Pincus announces that Jeffrey Perlman will become president by Released Warburg Pincus has announced that Jeffrey Perlman, current had of Southeast Asia and Asia-Pacific real estate, will become president of the firm.
Transactions | Jul 20, 2023 Keppel’s private funds acquire office tower in Seoul’s CBD by Released Keppel’s private funds, Keppel Asia Macro Trends Fund IV (KAMTF IV) and a co-investment program (CIP) committed by a leading Korean financial institution, have acquired the Bank of Korea's Sogong Annex Facility in Seoul’s CBD.
Investors | Jul 19, 2023 Almanac Realty Investors commits $400m to Key Real Estate Co. by Andrea Zander Almanac Realty Investors has committed up to $400 million of capital to Key Real Estate Co.
Research | Jul 19, 2023 Compared to 2022, multifamily rents continue to slide, reports Yardi Matrix by Released Multifamily asking rents grew another $7 last month, on average, but year-over-year growth fell to 1.8 percent.
Research | Jul 19, 2023 Visits climb 4.7% at discount & dollar stores, 0.4% at grocery stores, but fall 2.4% at superstores by Andrea Zander Overall retail visits were down 1.8 percent during second quarter year-over-year.
Research | Jul 19, 2023 Savills: The fog surrounding pricing in the German commercial real estate investment market is lifting by Released Activity in the German commercial property investment market stabilized in the second quarter of the year but remained subdued.
Transactions | Jul 19, 2023 PMG, Greybrook secure $226m construction loan for Fort Lauderdale apartments by Andrea Zander A partnership between Property Markets Group and Greybrook Realty Partners has received a $226 million construction loan for a high-rise apartment tower in downtown Fort Lauderdale.
Transactions | Jul 19, 2023 Winvic to deliver phase one of €1.2b U.K. logistics project on behalf of Oxford JV by Released Oxford Properties and Logistics Capital Partners (LCP) have awarded Winvic Construction the contract to deliver the first phase of the West Midlands Interchange (WMI).
People | Jul 19, 2023 Qualitas grows capital team with two senior appointments by Released Qualitas has announced two new senior hires to its capital team.
Research | Jul 19, 2023 Marcus & Millichap releases special report on industrial outdoor storage properties by Released Marcus & Millichap has published a special report on industrial outdoor storage (IOS) properties.
Fundraising | Jul 19, 2023 Azora secures €270m for new South European focused multi-strategy vehicle by Andrea Zander Azora has launched a new European multi-strategy vehicle.
