Investors | Aug 9, 2022 Tacoma Employees contributes $100m to IDR Core Property Index Fund by Kali Persall The Tacoma (Wash.) Employees' Retirement System (TERS) has approved a $100 million commitment.
Fundraising | Aug 9, 2022 Sterling Organization closes “last-hour” logistics fund by Kali Persall Sterling Organization has completed the final closing of its first Sterling logistics properties fund.
Research | Aug 9, 2022 CRE investment increases by 10% year-over-year in Q2 by Andrea Zander U.S. commercial real estate investment volume rose by 10 percent year-over-year in second quarter 2022 to $167 billion, according to CBRE.
Fundraising | Aug 9, 2022 Marlin Spring secures $80m for second development fund by Kali Persall Toronto-based Marlin Spring has closed on more than $80 million of commitments for its second development fund.
Investors | Aug 9, 2022 Park Hotel & Resorts to sell $400m of assets by Andrea Zander Park Hotel & Resorts has plans to sell another $300 million to $400 million of assets to reduce leverage and reinvest back in their portfolio, according to the transcript of the second-quarter earnings call.
Research | Aug 9, 2022 Data center demand swells in North America by Kali Persall North America’s data center market has continued to surge as companies continue to shift toward hybrid cloud environments in the aftermath of the COVID-19 pandemic.
Investors | Aug 9, 2022 Bridge Investment Group expands into proptech by Released Bridge Investment Group Holdings has launched its newest strategy, Bridge Ventures, and the hiring of Jeremy Ford as CIO of Bridge Ventures.
People | Aug 8, 2022 Carlyle CEO Kewsong Lee steps down as CEO by Released The Carlyle Group announced changes in its executive leadership team.
Investors | Aug 8, 2022 Ascendant Development launches with focus on class A multifamily communities in U.S. by Andrea Zander Two commercial real estate executives have teamed up to form a new multifamily development company, Ascendant Development.
Transactions | Aug 8, 2022 KKR sells 1.7msf Chicago industrial warehouse portfolio by Released KKR has sold a portfolio of distribution properties located in Chicago to a global investment manager.
Investors | Aug 8, 2022 Harrison Street, DeA Capital launch BTR JV in Spain by Andrea Zander Harrison Street and DeA Capital S.p.A. (DeA) have formed a new joint venture to develop built-to-rent (BTR) residential housing across Spain.
Research | Aug 8, 2022 Global inflation pressures are easing but challenges remain by Released Inflation is sufficiently elevated globally that even a month without any increase in prices still leaves inflation in most economies above 5 percent by year-end 2022, reported Oxford Economics.
Transactions | Aug 8, 2022 Compass Datacenters enters European data center market in JV with Milan by Andrea Zander Compass Datacenters and Hines have acquired land in the Milan metro area with the intention of building one of the largest data center campuses in Italy.
Investors | Aug 8, 2022 Montana Board of Investments sticks $50m in Marcus Partners Fund IV by Kali Persall The Montana Board of Investments (MBI) has disclosed a new $50 million commitment to a value-add real estate fund managed by Marcus Partners.
Investors | Aug 8, 2022 Texas TRS commits $300m to Abacus, Wheelock real estate funds by Kali Persall The Teacher Retirement System (TRS) of Texas has made $300 million of commitments.