Fundraising | Jul 31, 2023 BEB Capital closes $150m real estate credit fund by Released Port Washington-based BEB Capital has closed its first BEB Credit Opportunity Fund, L.P., raising approximately $150 million.
Transactions | Jul 31, 2023 Global Hospitality Investment Group acquires Doubletree Resort Scottsdale Paradise Valley by Andrea Zander Global Hospitality Investment Group (GHIG), a hospitality-focused real estate private equity firm, an institutional quality, top-branded resort in Scottsdale, Ariz.
Investors | Jul 31, 2023 New York State Teachers renews contacts with four global real estate public securities managers by Andrea Zander The New York State Teachers have authorized to renew contracts with four global real estate public securities managers.
Transactions | Jul 31, 2023 Minnesota office tower sells for $225m by Andrea Zander Spear Street Capital has purchased the office component of the RBC Gateway development.
Research | Jul 31, 2023 Yardi Matrix increases short term multifamily supply forecast by Released The multifamily housing supply could increase by up to nearly seven percent by the end of 2023.
People | Jul 31, 2023 Warburg Pincus Real Estate in Asia names two heads of Asia real estate by Andrea Zander Warburg Pincus, a U.S. fund manager, has named new leadership for its property division in Asia.
Transactions | Jul 31, 2023 AEW acquires two prime Spanish retail parks by Released AEW has acquired two dominant retail parks outside Madrid and Valencia in Spain from Lar España.
Fundraising | Jul 31, 2023 Farallon Capital Management holds $650m final close for fourth real estate fund by Andrea Zander Farallon Capital Management has held a final close for its fourth U.S.-focused opportunistic real estate fund.
People | Jul 28, 2023 Avanti hires managing director - overseeing strategic growth & institutional capital relationships by Released Avanti Residential has appointed Richard Bennion as managing director, where he will be responsible for strategic growth and institutional capital relationships.
People | Jul 28, 2023 AXA IM Alts announces three senior promotions within real estate business by Released AXA IM Alts has expanded its senior team with three promotions across its global and European real estate business line.
Research | Jul 28, 2023 Clarion Partners: Optimistic outlook for U.S. multifamily by Andrea Zander Clarion Partners outlines its stance on being optimistic about the outlook for U.S. multifamily in 2023.
Transactions | Jul 28, 2023 Aviva Investors completes third investment under its Spanish BTR platform by Released Aviva Investors has agreed to forward purchase a 234-unit residential development in Spain.
Investors | Jul 28, 2023 Digital Realty, TPG form $1.5b hyperscale data center JV in Northern Virginia by Andrea Zander Digital Realty and TPG Real Estate have established a joint venture in which TPG will acquire a majority stake in three stabilized hyperscale data centers in Northern Virginia.
Transactions | Jul 28, 2023 Charter Hall’s PFA fund sells office building at UNSW Kensington for A$80m by Andrea Zander Direct PFA fund, managed by Charter Hall Group, has divested its leasehold interest in UNSW Kensington for a total consideration of A$80 million ($54 million).
Research | Jul 28, 2023 CBRE: Estimating market cap rates remains challenging in an environment of constrained capital availability by Released Estimating market cap rates remains challenging in an environment of constrained capital availability and very low sales volume.
Transactions | Jul 28, 2023 Marcus Partners sells Boston metro logistics portfolio for $167m by Released Marcus Partners has sold its Boston Metro Logistics Portfolio.
Research | Jul 28, 2023 Commercial and multifamily starts declined in five of the top 10 metro areas in H1 2023 by Released In the first half of 2023, the New York metropolitan area was the top market for commercial and multifamily starts at $10.8 billion, a 31 percent decrease from the first six months of 2022.
Research | Jul 28, 2023 Principal Asset Management: The case for private U.S. CRE, a more challenging environment by Andrea Zander U.S. commercial real estate remains an asset class that benefits from positive economic and demographic fundamentals.
People | Jul 27, 2023 Mohr Partners promotes Michele Shibuya to COO by Released Mohr Partners has promoted company veteran Michele Shibuya to the role of COO.
Investors | Jul 27, 2023 In widely expected move, Fed increases rates by 0.25% by Loretta Clodfelter The Federal Open Market Committee raised the target federal funds rate by 25 basis points to a range of 5.25 percent to 5.5 percent at its meeting July 26. While expected, this is the highest target federal funds rate in 22 years and will have wide-ranging effects across the economy and commercial real estate.
