Transactions | Aug 11, 2022 Strategic Storage Growth Trust III makes first acquisition by Andrea Zander Strategic Storage Growth Trust III has announced the acquisition of two self-storage facilities in The Villages in Florida.
People | Aug 10, 2022 Barings BDC names Jonathan Bock as new CEO by Released Barings BDC has named Eric Lloyd as executive chairman of the board and promoted three of its longstanding senior executive officers.
Investors | Aug 10, 2022 San Antonio Fire & Police re-ups $20m in Covenant Apartment Fund XI by Kali Persall San Antonio Fire & Police Pension Fund has unanimously approved a $20 million follow-on commitment to Covenant Apartment Fund XI, a value-add fund managed by Nashville-based Covenant Capital Group.
Fundraising | Aug 10, 2022 Pantzer Properties secures $599m for fifth multifamily real estate fund by Kali Persall Pantzer Properties has locked in more than $599 million for its latest fund, Panco Strategic Real Estate Fund V, according to a recent filing with the SEC.
Investors | Aug 10, 2022 EQT Exeter Industrial Value Fund VI adds Los Angeles City Employees as an investor by Kali Persall The $21.74 billion Los Angeles City Employees’ Retirement System (LACERS) has approved up to $75 million for EQT Exeter Industrial Value Fund VI (EIVF VI), managed by EQT Exeter.
Transactions | Aug 10, 2022 GI Partners announces Northern Virginia ‘Always On’ real estate acquisitions for its Essential Tech + Science Fund by Released GI Partners has announced the acquisition of five “Always On” properties totaling 860,000 square feet in the nation’s leading market for defense technology employment, on behalf of its Essential Tech + Science Fund.
Transactions | Aug 10, 2022 Round Hill Capital announces €195m flagship BTR investment in Manchester with Olympian Homes by Released Round Hill Capital has formed a new partnership with British developer Olympian Homes to deliver the first of many forward-funded investments.
Investors | Aug 10, 2022 GRESB and the GI Hub announce strategic partnership by Released GRESB and the Global Infrastructure Hub (GI Hub) have formed a new strategic partnership.
Research | Aug 10, 2022 Inflation benefits unexpected industries such as movie theaters and spas by Andrea Zander Inflation continues to cut into consumer spending power; however, movie theaters and beauty retailers and spas are showing unexpected growth in the current economy.
Transactions | Aug 10, 2022 KKR expands industrial real estate portfolio in the Sun Belt with $300m acquisitions in Georgia and Texas by Andrea Zander KKR has acquired two industrial properties in Georgia and one in Texas.
Transactions | Aug 10, 2022 Blackstone funds complete $13b acquisition of American Campus Communities by Andrea Zander Blackstone Core+ perpetual capital vehicles have completed the previously announced acquisition of all of the outstanding shares of common stock of American Campus Communities.
Research | Aug 10, 2022 As good as it gets: Global real estate industry, investment managers record impressive growth by Larry Gray Despite the continuing adverse effects of the coronavirus pandemic on societies and economies around the world, the institutional real estate asset class and industry continued to record impressive performance and growth in 2021.
Research | Aug 10, 2022 REIT stocks advance 9% in July by Loretta Clodfelter Following a punishing second quarter, in which U.S. REITs fell 17 percent, according to the FTSE Nareit Equity REITs Index, listed property stocks bounced back in July, rising nearly 9.1 percent.
Research | Aug 9, 2022 Talent and real estate cost are foremost concerns for tech companies by Andrea Zander Cushman & Wakefield released Tech Cities: The Global Intersection of Talent and Real Estate, a new report that examines the top location strategy drivers for tech occupiers, identifies the top global tech markets and assesses the impact of tech companies on office real estate.
Transactions | Aug 9, 2022 Sila Realty Trust acquires Escondido Inpatient Rehabilitation Facility from Harrison Street for $63m by Released Sila Realty Trust announced the acquisition of an inpatient rehabilitation facility located in Escondido, Calif.
Fundraising | Aug 9, 2022 EXCLUSIVE — Realterm closes fourth value-add fund focused on HFT logistics real estate by Kali Persall Realterm has closed its Realterm Logistics Fund IV (RLF IV) at its contractual hard cap of $630 million of investor commitments.
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.
