Research | Sep 16, 2021 WEBINAR: NFI-ODCE Index — Mid-year update by Andrea Zander Institutional Real Estate, Inc., hosted its fourth webinar on the NFI-ODCE Index on Sept. 15.
Transactions | Sep 16, 2021 Redhill Realty sells apartment community for $146m by Andrea Zander Gelt has acquired The Oasis Anaheim, a 312-unit, transit-oriented apartment property located at 3530 E. La Palma Avenue in the northeast area of Anaheim, Calif.
People | Sep 16, 2021 UBS Asset Management strengthens U.S. real estate team with senior appointment by Released UBS Asset Management, Real Estate & Private Markets (REPM) has appointed Kurt Edwards as head of U.S. real estate research & strategy.
Research | Sep 16, 2021 Supply of U.K. care-home beds fails to keep up with demand by Released The U.K. healthcare sector has seen stifled supply growth in care-home beds in the past year despite ever-increasing demand, with data from Knight Frank revealing that U.K. care-home supply has grown by only 6 percent in the last decade, while the United Kingdom’s over-65 population has increased by 22 percent over the same period.
Transactions | Sep 16, 2021 CBRE Global Investors buys residential asset from Hines by Released CBRE Global Investors, on behalf of one of its pan-European strategies, has acquired the Südkreuz Quartier in Berlin.
Transactions | Sep 16, 2021 Yorkshire Country Properties signs €59m JV with Dominvs Group by Released Housebuilder Yorkshire Country Properties has signed a joint venture with Dominvs Group.
Investors | Sep 16, 2021 CA ventures forms $245m JV with new REIT by Andrea Zander CA Health and Science Trust, (CAHST) has secured an investment of up to USD245 million from partners Davidson Kempner Capital Management LP (Davidson Kempner), Monarch Alternative Capital LP (Monarch) and CA Ventures.
Transactions | Sep 16, 2021 Blackstone sells stake in Embassy Office Parks REIT for $275m by Andrea Zander Blackstone has sold about 5.7 crore (6 percent) units in Embassy Office Parks REIT.
Fundraising | Sep 16, 2021 Nuveen’s logistics platform adds €45m from German institutional investors by Kali Persall Nuveen Real Estate has added an additional €45 million ($53 million) to its European logistics platform from German institutional investors, bringing the sixth European logistics strategy to nearly €350 million ($413 million).
Fundraising | Sep 16, 2021 Genesta holds first close for core-plus open-ended fund by Kali Persall Genesta has completed the first closing of its fifth fund, GNRE Core Plus Open-ended, with €152 million ($179 million) of capital commitments.
Investors | Sep 16, 2021 Crescent Communities and Pretium form $1b JV for single-family build-to-rent platform by Andrea Zander Crescent Communities and Pretium today announced the formation of a joint venture to invest $1 billion in new single-family build-to-rent communities.
Transactions | Sep 16, 2021 Korean investor with partners buys Inland Empire multifamily property by Andrea Zander An investment group led by Ocean West Capital Partners, Korean-based Tiger Alternative Investors, and NH Investment & Securities Co., has closed on the acquisition of The Monterey.
Transactions | Sep 16, 2021 Lincoln, Harvard close on 585 acres for 7msf Goodyear AirPark by Andrea Zander In a joint venture partnership, LPC Desert West, the Southwest regional office of Lincoln Property Company (LPC), and Scottsdale-based Harvard Investments have purchased 585 acres.
Research | Sep 16, 2021 Pandemic lifts average retail spending per shopping occasion by Released The COVID-19 pandemic has led to an increase in the average amount U.S. consumers spend on each shopping occasion, whether it is a trip to a physical store or a visit to an online shopping site, reported The NPG Group.
Investors | Sep 16, 2021 Texas Municipal Retirement System seeks investment analyst by Kali Persall The $34.5 billion Texas Municipal Retirement System (TMRS) is seeking an investment analyst for its real estate and other public and private markets strategies.
Transactions | Sep 16, 2021 Lowe JV acquires three hotels for $252m by Released A joint venture between Lowe and an institutional investor has acquired three hospitality assets from The Howard Hughes Corp. for $252 million.
Research | Sep 16, 2021 Strong multifamily investment environment continues as Freddie Mac’s AIMI bounces back in Q2 by Released Multifamily Apartment Investment Market Index® (AIMI®) turned positive in the second quarter of 2021 as growing net operating incomes.
People | Sep 16, 2021 Peter Savoie joins Ascentris’ senior management team by Released Ascentris has hired Peter Savoie to serve as a managing director.
Investors | Sep 15, 2021 San Diego City Employees logs 24.9% return by Kali Persall The San Diego City Employees’ Retirement System (SDCERS) has reported a return of 24.9 percent for fiscal year 2021.
Fundraising | Sep 15, 2021 Trez Capital launches private real estate fund in Canada by Kali Persall Trez Capital has introduced a new private real estate fund for the Canadian market.
