Research | Apr 13, 2023 Student housing picks up steam amid market volatility by Kali Persall Despite deceleration in fundamentals performance among a variety of commercial real estate property types, student housing is gaining momentum, according to a recent report from Yardi Matrix.
Investors | Apr 13, 2023 Virginia Retirement System backs value-add industrial fund by Kali Persall The Virginia Retirement System (VRS) has unveiled a $125 million commitment to Penwood Select Industrial Partners VII, a closed-end fund managed by Penwood Real Estate Investment Management.
Investors | Apr 12, 2023 LaSalle Investment Management adds sustainable lending focus to debt platform by Released LaSalle Investment Management has announced that LaSalle Debt Investments, one of Europe’s largest alternative real estate lending platforms, has expanded its senior-secured debt strategies to include a dedicated sustainable lending focus.
People | Apr 12, 2023 Tishman Speyer brings on new managing director by Kali Persall Rodrigo Cortés has joined Tishman Speyer, one of the world’s top developers, owners, operators and asset managers of first-class real estate, as a managing director.
Transactions | Apr 12, 2023 PfP Capital and Housing Growth Partnership launch JV focused on urban communities by Released PfP Capital, the social value and ESG-focused real estate fund manager, and Housing Growth Partnership (HGP), an equity investor with a social impact remit backed by Lloyds Banking Group, have announced a joint venture to deliver residential-led, urban communities across the United Kingdom.Â
Transactions | Apr 12, 2023 Nuveen Real Estate acquires high-quality self-storage portfolio in the U.K. by Kali Persall Nuveen Real Estate has acquired a high-quality portfolio of self-storage properties in the United Kingdom for an undisclosed amount.
Transactions | Apr 12, 2023 Greenman OPEN pays €55m for supermarkets portfolio by Released Greenman OPEN, one of the largest food-anchored retail real estate investment funds in Germany, has acquired a portfolio of six EDEKA supermarkets for €55 million ($60 million).
Fundraising | Apr 12, 2023 Boston Financial closes fund for low-income, affordable housing by Kali Persall Boston Financial, one of the largest and most established syndicators of low-income housing tax credits (LIHTC) in the United States, has closed its $131 million LIHTC fund, Boston Financial Institutional Tax Credits 58 Limited Partnership (ITC 58).
Investors | Apr 12, 2023 Olympian Homes moves forward with co-living development on the Isle of Dogs by Kali Persall Olympian Homes has received approval from the Tower Hamlets planning committee to move forward on its application for 795 co-living homes in a 46-story building on the Isle of Dogs in England.
People | Apr 12, 2023 Former British Land director joins Precede Capital Partners by Kali Persall Nigel Webb, a former director and head of development at British Land, one of the largest property development and investment companies in the United Kingdom, has joined Precede Capital Partners.
Fundraising | Apr 12, 2023 Waterfall Asset Management closes real estate fund at $485m by Kali Persall Waterfall Asset Management, a global alternative investment adviser, has wrapped up fundraising for its closed-end real estate fund, Waterfall Atlas Fund.
People | Apr 12, 2023 Jorge Fernandez joins Institutional Real Estate, Inc. as managing director, infrastructure by Released Institutional Real Estate, Inc. (IREI) announced today that Jorge Fernandez has joined IREI as managing director of infrastructure.
Research | Apr 11, 2023 Yardi Matrix: Multifamily rents rise slightly in March by Kali Persall Multifamily rents rose slightly in March, and property fundamentals remain stable despite volatility in the financial markets, according to a recent report from Yardi Matrix.
Fundraising | Apr 11, 2023 Blackstone closes latest global real estate fund at $30.4b by Kali Persall Blackstone has closed its latest global real estate fund, Blackstone Real Estate Partners X (BREP X), with $30.4 billion of capital commitments — the largest real estate or private equity drawdown fund ever raised.
Investors | Apr 11, 2023 Panattoni to develop major logistics project in Germany by Kali Persall Panattoni, a major project developer for industrial and logistics properties in Europe, has purchased an area in Könnern, Saxony-Anhalt, in Germany.
Transactions | Apr 11, 2023 MAPFRE and Swiss Life adds French asset to its portfolio by Kali Persall A co-investment vehicle established in 2018 by MAPFRE and Swiss Life Asset Managers France has added a new building to its portfolio.
People | Apr 11, 2023 Huseyin Huseyin joins Howard Kennedy as a partner in London by Kali Persall Howard Kennedy, a law firm based in London, has strengthened its real estate practice with the appointment of Huseyin Huseyin as a partner.
People | Apr 11, 2023 Alecta CEO forced to step down following U.S. bank failures by Kali Persall Magnus Billing is stepping down from his role as CEO of Alecta, Sweden's largest pension fund provider, after the company's investments in three U.S. banks led to large losses.
Fundraising | Apr 11, 2023 Carmel Partners closes its largest fund to date at $1.58b by Kali Persall Carmel Partners, a specialist in real estate investment management focused on U.S. multifamily development, renovation and debt investments, has completed the final closing of its Carmel Partners Investment Fund 8.
Research | Apr 11, 2023 Senior housing occupancy increases for seventh consecutive quarter by Released The senior housing occupancy rate increased 0.3 percentage points from 82.9 percent in the fourth quarter of 2022 to 83.2 percent in the first quarter of 2023, according to data from NIC MAP Vision released by the National Investment Center for Seniors Housing & Care (NIC).
