Transactions | Mar 7, 2022 StoryPoint Senior Living JV purchases senior living portfolios, totaling $548m by Andrea Zander StoryPoint Senior Living in partnership with Welltower has agreed to purchase three distinct senior living portfolios.
Transactions | Mar 7, 2022 Related Cos. JV buys two Silicon Valley Developments in Santa Clara and Cupertino by Released A joint venture between Related Cos. and Atria Senior Living, in conjunction with Welltower Inc., signed a strategic partnership to develop two world class senior living communities in Silicon Valley, one in Santa Clara, Calif. (graphic above), and the other in Cupertino, Calif., as part of a larger strategic partnership among the three companies.
Investors | Mar 7, 2022 Welltower reorganizes into UPREIT structure by Released Welltower announced that it intends to implement a holding company reorganization that would structure Welltower as an Umbrella Partnership REIT, or UPREIT.
Transactions | Mar 7, 2022 Brookfield expands into student accommodation in Australia by Andrea Zander Brookfield has made its first investment in the student accommodation sector in Australia.
Transactions | Mar 7, 2022 Westbrook Partners buys industrial portfolios for €208m by Andrea Zander Westbrook Partners has acquired two urban logistics portfolios for £172.5 million (€208.78 million/$274 million).
Transactions | Mar 7, 2022 AXA IM Alts JV makes 237-unit multifamily acquisition in Charlotte by Released AXA IM Alts has acquired Metro 808, a 237-unit multifamily asset in Charlotte, N.C.
Investors | Mar 7, 2022 Invitation Homes creates $300m JV with Rockpoint by Andrea Zander Invitation Homes has entered into an agreement with Rockpoint Group to form a new joint venture partnership.
Investors | Mar 7, 2022 Korean investors’ criteria for new manager selection by Jennifer Molloy An investment manager’s track record and risk management skills top Korean investors requirements in manager selection.
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.
