Research | Mar 7, 2022 REITs fall 3.1% in February by Loretta Clodfelter U.S. REITs fell for the second consecutive month, declining 3.1 percent in February amid geopolitical tensions and concerns about rising interest rates.
Transactions | Mar 7, 2022 ACRE sells four U.S. multifamily developments by Released Asia Capital Real Estate (ACRE) has sold four multifamily communities in Georgia, Florida and North Carolina.
Investors | Mar 4, 2022 Oklahoma Firefighters slates $50m for Angelo Gordon Realty Value Fund XI by Kali Persall Oklahoma Firefighters Pension & Retirement System has approved a $50 million commitment to a closed-end real estate debt investment vehicle managed by Angelo Gordan.
Investors | Mar 4, 2022 Manulife Investment Management forms $170m JV with Kenedix by Andrea Zander Manulife Investment Management and Kenedix have launched a JPY 19.8 billion ($170 million) joint venture pursuing acquisitions of multifamily assets in Japan’s major cities.
Investors | Mar 4, 2022 Delaware Public Employees allocates $40m for Marcus Partners Fund IV by Kali Persall Delaware Public Employees Retirement System has approved a $40 million commitment to Marcus Partners Fund IV.
Investors | Mar 4, 2022 Texas County & District Retirement System backs three private real estate funds by Kali Persall Texas County & District Retirement System (TCDRS) has disclosed $200 million of new commitments to private real estate.
Transactions | Mar 4, 2022 Longpoint, Brookfield recapitalize $700m logistics portfolio through new JV by Andrea Zander Longpoint Partners, a Boston-based real estate investment company, has closed its joint venture with Brookfield through its real estate secondaries business.
Transactions | Mar 4, 2022 Brookfield Properties teams up flagship food hall of the future in Berlin by Released Brookfield Properties has concluded a new strategic deal with Manifesto Market to join the pedestrian-friendly and redesigned Potsdamer Platz in Berlin.
Research | Mar 4, 2022 Orlando, Las Vegas top multifamily markets by Andrea Zander There is a recovery showing in the multifamily sector. Some of the metros in the category feature less robust employment and household-creation trends.
Research | Mar 4, 2022 U.S. jobs increase by 678,000 in February by Loretta Clodfelter The U.S. economy added 678,000 jobs in February — beating expectations — and the unemployment rate decreased to 3.8 percent, according to the Bureau of Labor Statistics.
Fundraising | Mar 4, 2022 EXCLUSIVE — Electra America Hospitality Group closes hospitality fund with more than $500m of commitments by Kali Persall Electra America Hospitality Group, a joint venture between Electra America and AKA, has raised more than $500 million in a final close.
People | Mar 4, 2022 Mill Creek founding partner Charles Brindell to retire by Released Mill Creek Residential announced the retirement of Charles Brindell, the company's executive chairman, effective at the end of the quarter.
Transactions | Mar 3, 2022 Nashville hotel sells for $328.7m by Released Xenia Hotels & Resorts has agreed to acquire the 346-room W Nashville for a purchase price of $328.7 million or $950,000 per room.
Fundraising | Mar 3, 2022 EPC Promecap Multifamily Partners V raises an initial $140m by Kali Persall Eagle Property Capital Investments and partner Promecap have completed an initial closing of the EPC Promecap Multifamily Partners V.
People | Mar 3, 2022 RADCO appoints Lisa Hurd as CIO by Released The RADCO Cos. has announced Lisa Hurd has been promoted to CIO.