Transactions | Dec 11, 2024 Cousins Properties to acquire trophy lifestyle office property in Austin by Andrea Zander Cousins Properties has plans to acquire 601 West 2nd Street, also known as Sail Tower, an 804,000-square-foot trophy lifestyle office property in Austin, for a net purchase price of $521.8 million.
Transactions | Dec 11, 2024 Investcorp expands U.S. student housing portfolio with four acquisitions at flagship universities by Released Investcorp has completed four student housing acquisitions totaling nearly 3,000 beds for a gross transaction cost of more than $300 million.
Investors | Dec 11, 2024 OP&F targets up to $180m of real assets commitments in 2025 by Kali Persall The $19 billion Ohio Police & Fire (OP&F) Pension Fund has approved target allocation amounts for its 2025 commitments.
Fundraising | Dec 11, 2024 Red Stone Equity Partners closes largest multi-investor LIHTC Fund offering in its 17-year history by Released Red Stone Equity Partners has closed Red Stone Equity – Fund 113 Limited Partnership (Fund 113), a $263.2 million multi-investor Low Income Housing Tax Credit (LIHTC) equity investment fund.
Transactions | Dec 11, 2024 L.A. iconic trophy office tower sells for $200m by Andrea Zander The Gas company Tower, a 1.3 million-square-foot, iconic trophy office tower located in the heart of downtown Los Angeles (DTLA), Calif., has sold for $200 million.
Research | Dec 11, 2024 U.K. care home occupancy highest since 2019 by Released Occupancy levels across private care homes in the United Kingdom have returned to, and in some cases exceeded, the pre-pandemic long-term average, reaching 88 percent, according to Knight Frank’s 2024 Healthcare Trading Performance Report.
Transactions | Dec 10, 2024 Redevco acquires €627m U.K. retail park portfolio from Oxford Properties by Andrea Zander Redevco has completed the acquisition of a portfolio of 16 retail parks across the United Kingdom for £518 million (€627 million/$661 million).
Transactions | Dec 10, 2024 Suburban multifamily community in San Diego sells for $185m by Released Mesirow has purchased Preserve at Melrose, a suburban multifamily community built in 2015 that comprises 410 units in Vista, one of San Diego's most sought-after North County neighborhoods.
Research | Dec 10, 2024 Callan study examines fees for real assets funds by Released Callan has published its first 2024 Real Assets Open-End Funds Fees and Terms Study, analyzing 144 real assets partnerships that represent fund offerings across real estate, infrastructure, farmland and timberland.
Transactions | Dec 10, 2024 Shopping center in Poland sells for €405m by Andrea Zander NEPI Rockcastle has acquired HELIOS SCC for €405 million ($426 million).
Research | Dec 10, 2024 M&G Real Estate: U.K. to lead global real estate recovery in 2025 by Released The United Kingdom is set to lead the global real estate sector’s recovery over the coming cycle, according to M&G Real Estate’s latest Global Real Estate Outlook, as a period of increased stability and capital value growth lays the foundations for an uptick in investment into structurally supported sectors.
Investors | Dec 10, 2024 QIC secures $2.4b in sustainability-linked loans and commits to sustainability targets by Released QIC Real Estate has made a further commitment to its sustainability goals by successfully converting A$3.75 billion ($2.4 billion) of bank loans into sustainability-linked loans (SLLs) for its two largest real estate funds — the QIC Property Fund (QPF) and the QIC Town Center Fund (QTCF).
Transactions | Dec 9, 2024 Harbert, LAMB, P3, Momentum secure $473m tax-exempt and taxable bond financing for California senior living site by Denise Moose Harbert South Bay Partners, LAMB Properties, P3 Foundation and Momentum Senior Living have secured $473 million in tax-exempt and taxable bond financing for the ground-up development of The James, a luxury rental, 350-bed senior housing community in Irvine, Calif.
Research | Dec 9, 2024 Secondary and tertiary markets in the Western US prove to be stronger and more stable, compared to primary western markets by Elise Mackanych Despite misconceptions around market performance of secondary and tertiary markets in the Western United States, these markets prove to be more economically robust and less volatile than primary markets, according to Graceada Partners’ research reports, Economic Vibrancy in Secondary & Tertiary Markets and Real Estate Fundamentals in Western U.S. Secondary & Tertiary Markets.
Research | Dec 9, 2024 The cold storage sector comes with challenges but offers valuable opportunities by Elise Mackanych The future of cold storage is bright, as increasing global demand for fresh and frozen food products place this asset class in an irreplaceable position on the global supply chain.
