Transactions | Jun 3, 2022 CalPERS JV begins renovations at Las Vegas mall by Andrea Zander Institutional Mall Investors, a joint venture between Miller Capital Advisory and California Public Employees' Retirement System (CalPERS), has started renovations at Miracle Mile Shops at Planet Hollywood Resort & Casino.
Research | Jun 3, 2022 May job gains total 390,000 by Loretta Clodfelter The U.S. economy gained 390,000 jobs in May, according to the Bureau of Labor Statistics, and the unemployment rate held steady at 3.6 percent.
People | Jun 3, 2022 Bouwinvest appoints new senior portfolio manager European investments by Released Bouwinvest Real Estate Investors has appointed Hielke Bokma as senior portfolio manager European Investments.
Transactions | Jun 3, 2022 Gray Capital purchases 122-unit apartment property, first acquisition of $100m multifamily fund by Released Gray Capital has closed on Stonybrook Commons, a 122-unit apartment community on Indianapolis' East side, built in 1991.
Fundraising | Jun 3, 2022 CBRE Investment Management raises $599m for global special situations fund by Kali Persall CBRE Investment Management has closed on $599 million of equity commitments for its CBRE Global Special Situations Fund (GSSF) and co-investment vehicles.
Investors | Jun 3, 2022 Los Angeles Water and Power sticks $75m in ACORE Credit Partners II by Kali Persall The Los Angeles Water and Power Employees’ Retirement Plan unanimously has approved a $75 million commitment to a real estate debt fund managed by ACORE Capital.
Transactions | Jun 3, 2022 Newly built class A+ industrial park in San Antonio trades by Released Hines has sold Corner Ridge Crossing, a four-building, class A+, last-mile industrial park totaling 576,047-square-feet in San Antonio.
Investors | Jun 3, 2022 Blackstone Innovations Investments invests in cove by Released cove announced the completion of a funding round from Blackstone Innovations Investments and other investors including Kastle Systems. They join existing investor, Second Century Ventures.
Fundraising | Jun 3, 2022 CRG expands offering in red-hot industrial market by Kali Persall CRG has wrapped up fundraising for its U.S. Logistics Fund II.
Transactions | Jun 3, 2022 Slate buys 800 acres in Hamilton, Ontario, from Stelco by Released Slate Asset Management has bought 800 acres of industrial land and buildings in Hamilton, Ontario, from Stelco.
Research | Jun 2, 2022 Hoteliers rise from pandemic difficulties and position for growth by Released National hotel occupancy is up nearly 2,000 basis points from pandemic lows to a trailing 12-month average of 60.6 percent in April, according to Marcus & Millichap.
Transactions | Jun 2, 2022 Grosvenor buys residential development site in Oakland, Calif. by Released Grosvenor has purchased 2600 Telegraph Ave. in Oakland, Calif., where it will begin construction in early 2023 to develop 225 rental homes and 6,000 square feet of specialty retail space.
People | Jun 2, 2022 Round Hill Capital hires new capital raiser to expand coverage across Asia by Released Round Hill Capital has announced the appointment of Jihoon Yim as regional head of capital markets group, Asia.
Investors | Jun 2, 2022 Florida SBA commits to three existing real estate managers by Kali Persall The State Board of Administration (SBA) of Florida has disclosed several real estate investments spanning the core, opportunistic and value-add spectrum.
Transactions | Jun 2, 2022 Post Brothers enters D.C. office market with $228m purchase by Andrea Zander Post Brothers enters D.C. office market with $228m purchase