Transactions | Oct 13, 2022 PEG Cos. acquires 40-acre site for large SFR development near Boise by Released PEG Cos. has closed on a fully entitled 40-acre parcel of land for the development of 419 build-for-rent (BFR) residences, located in Caldwell, Idaho.
Investors | Oct 13, 2022 Louisiana TRS places $75m in FCP Realty Fund VI by Kali Persall The Teachers’ Retirement System (TRS) of Louisiana has greenlighted a $75 million commitment to a closed-end, value-add fund managed by FCP.
Research | Oct 13, 2022 Sinking market conditions drive real estate correction globally by Andrea Zander The cost of debt for real estate has risen steeply in recent months, as credit conditions tighten, loan margins widen and recession fears start to bite.
Research | Oct 13, 2022 Nearly 500,000 first-year students expected in Germany for winter semester by Andrea Zander In Germany, the Winter Semester 2022/2023 will start in early October.
Transactions | Oct 13, 2022 Hotel West & Main completes Keystone Development & Investment’s $340m development in suburban Philadelphia by Released Hotel West & Main has opened as the first new hotel in Conshohocken, Pa.,
Investors | Oct 13, 2022 UBS Asset Management launches U.K. life sciences strategy by Andrea Zander UBS Asset Management’s real estate and private markets has launched its first U.K. life sciences property strategy, in partnership with Reef Group, with commitments of £400 million (€464 million/$451 million) from first close investors and a gross development value in excess of £2.5 billion (€2.9 billion/$2.8 billion). Deploying a build-to-core approach, the Article 8 strategy seeks development opportunities in the life sciences sector, with a specific focus on good manufacturing practice (GMP) facilities.Â
Investors | Oct 13, 2022 CalPERS places nearly $2b in real estate funds by Kali Persall The $420.6 billion California Public Employees' Retirement System (CalPERS) has made a series of commitments to real estate funds, IREI has learned.
Research | Oct 13, 2022 National apartment rent growth cools to slowest annual pace in 16 months by Released September data confirms a fall cooldown has come to the residential rental market.
People | Oct 13, 2022 Samer Honein appointed LaSalle’s global head of investor relations by Released LaSalle Investment Management announced Samer Honein will succeed Alok Gaur as its global head of investor relations.
Fundraising | Oct 13, 2022 HPI secures $120m for latest apartment fund by Kali Persall Hamilton Point Investments (HPI) has captured more than $120 million of equity commitments.
Fundraising | Oct 13, 2022 Equus Investment Partnership XII approaches $500m fundraising target by Kali Persall Equus Investment Partnership XII, a closed-end fund managed by Equus Capital Partners, is moving closer to its fundraising target.
Research | Oct 12, 2022 APAC Hospitality Recovery Race – Singapore leads into first corner by Andrea Zander Post-Covid-19 recovery is beckoning in the hospitality sector in Asia Pacific, according to Schroders.
Research | Oct 12, 2022 NYC leads office recovery with visits up 31.1% in September by Andrea Zander New York City is seeing more workers return to the office than several other major cities as of September.
Investors | Oct 12, 2022 Vermont State Employees places $50m in AG Realty Value Fund XI by Kali Persall Vermont State Employees Retirement System  has disclosed a $50 million commitment to AG Realty Value Fund XI.
Research | Oct 12, 2022 JLL report finds the U.S. is more back to the office than you think by Andrea Zander More employees are returning to the office than you think, as re-entry rates reach a post-pandemic high and overall.
Investors | Oct 12, 2022 University of Alabama System sets aside $15m for value-add Palatine Real Estate Fund IV by Kali Persall University of Alabama System has allocated $15 million for Palatine Real Estate Fund IV, the fourth fund in Palatine Capital Partners’ commingled discretionary fund series.
Fundraising | Oct 12, 2022 Hackman Capital Partners closes media and commercial real estate fund above target by Kali Persall Hackman Capital Partners (HCP), a privately held real estate investment and operating company focused on acquiring and actively managing studio, media and commercial real estate properties, has completed the final close of its HCP Studio Fund.
Research | Oct 12, 2022 U.K. logistics occupational market remains resilient despite rebalance in take-up levels by Released Take-up of U.K. logistics space totaled 7.67 million square feet for third quarter 2022, according to CBRE.
Transactions | Oct 12, 2022 Security Properties JV sells multifamily community in Oregon for $124m by Released CBRE arranged the sale of One Jefferson, a 347-unit multifamily community in Lake Oswego, Ore., to an undisclosed buyer for $124 million.
Transactions | Oct 12, 2022 Tricon sells interest in U.S. multifamily portfolio, generating $315m of proceeds by Andrea Zander Tricon Residential has entered into an agreement to sell its 20 percent equity interest in its portfolio of 23 Sun Belt apartment buildings.