Investors | May 4, 2022 Pennsylvania’s Borough of Dunmore seeks investment adviser for three pension funds by Kali Persall The Borough of Dunmore, Pa., has launched an RFP seeking investment advisory services for its police, fire and non-uniform pension funds.
Transactions | May 4, 2022 Colliers to invest in Rockwood Capital by Kali Persall Colliers has agreed to acquire a 65 percent stake in Rockwood Capital, a New York–based real estate investment management firm with more than $12 billion of assets under management.
Transactions | May 4, 2022 Nyfosa invests €137m in Finnish mixed-use portfolio by Released Nyfosa Finland has acquired commercial properties in the Helsinki region, Tampere and other Finnish regional cities for €137 million ($145 million).
People | May 4, 2022 Second Avenue names new COO, strategic advisers by Released Second Avenue Group announced three visionary single-family rental (SFR) industry executives have joined the company in various senior-level roles.
Transactions | May 4, 2022 Goldman Sachs and BVK launch real estate secondaries fund by Kali Persall Goldman Sachs and BVK, Germany’s largest pension fund, have launched a partnership focused on real estate secondary market transactions.
Transactions | May 4, 2022 Great Gulf Group JV acquires new communities for BTR homes in Texas by Released Great Gulf Group, together with its partners Westdale Properties and a large Canadian institutional investor, has acquired 787 residential lots across seven master-planned Texas communities.
Transactions | May 4, 2022 Lovett Industrial JV acquires 18-building industrial park in N.J. by Released Lovett Industrial and an undisclosed capital partner have formed a partnership to acquire Middlebrook Crossroads.
Transactions | May 4, 2022 Breakthrough Properties acquires St. John’s Innovation Park Building in Cambridge by Released Breakthrough Properties as acquired The Vitrum Building.
Investors | May 4, 2022 Chris Bodnar launches new private equity firm by Released In a new joint venture with the Denver-based Brue Baukol Capital Partners, healthcare and life sciences real estate industry veteran Chris Bodnar has announced the launch of a private equity firm specializing in alternative real estate asset classes. The new firm is called Prescriptive Capital.Â
Research | May 4, 2022 Port Houston volume surge continues, fueling demand for industrial space by Andrea Zander Port Houston container volume increased 23 percent overall, with more than 900,00 container Twenty Equipment Unit (TEUs) moved through the public facilities over the first three months of 2022, its largest quarter ever by far.
Research | May 4, 2022 Industrial real estate sets new construction record, 800msf during Q1 by Released Demand for industrial product intensifies as construction volume set a new record.
People | May 4, 2022 Broadshore Capital announces reorganization, adds key leadership positions by Released Broadshore Capital Partners has announced that Brad Howe will now be CEO after a decades-long partnership with Bleecker Seaman as co-CEOs, as Seaman has retired from the firm.
Transactions | May 3, 2022 AEW acquires two logistics assets in the Netherlands for German pension fund by Released AEW has completed the off-market acquisition of two fully let class A logistics assets.
Research | May 3, 2022 The Green Cities Co. releases annual ESG impact report by Released The Green Cities Co., an investment management firm pioneering environmental and social responsibility in the real estate sector, has published its annual Environmental and Community Impact Report.
Transactions | May 3, 2022 CIM Group and Open Realty Advisors complete sale of 15-building retail portfolio in Dallas by Released CIM Group and Open Realty Advisors announced the sale by a CIM-managed fund of the Henderson Avenue retail portfolio consisting of 15 prominent retail buildings, totaling 124,000 square feet and spanning approximately one mile along Henderson Avenue in Dallas.
Fundraising | May 3, 2022 Realterm adds $150m for open-ended airport logistics fund by Kali Persall Realterm has secured $150 million in capital commitments for its open-ended fund.
Research | May 3, 2022 Redfin reports migration hotspots in the Sun Belt are home to nation’s highest inflation rates by Released Some of the hottest migration destinations for homebuyers — Phoenix, Tampa and Atlanta — have the highest inflation rates in the United States.
Fundraising | May 3, 2022 Quanta Capital seeks €300m for Irish sale and leaseback logistics fund by Kali Persall Quanta Capital, an Irish property investment fund backed by Oaktree Capital, has launched a new €300 million ($315 million) fund targeting sale-leaseback deals in Ireland’s logistics sector.
Investors | May 3, 2022 LACERS renews real estate consultant contract with Townsend by Kali Persall Los Angeles City Employees' Retirement System (LACERS) has appointed Townsend Holdings to stay on as its real estate consultant, following an RFP issued in September 2021.
Fundraising | May 3, 2022 Sirius launches build-to-rent residential fund in Finland by Kali Persall Sirius Capital Partners has launched a new fund to invest in build-to-rent residential assets in Finland, predominantly in the Helsinki region.