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.
Investors | Sep 15, 2021 TRS Louisiana to commit $50m to Lion Industrial Trust by Kali Persall The Teachers' Retirement System (TRS) of Louisiana has approved a commitment of up to $50 million to an open-end industrial real estate fund managed by Clarion Partners.
Fundraising | Sep 15, 2021 Pretium Partners locks in $1.5b for latest single-family rental fund by Kali Persall New York–based Pretium Partners has secured more than $1.5 billion for its Pretium Single-Family Rental Fund III, according to a recent filing with the SEC.
Research | Sep 15, 2021 Hotels projected to end 2021 down $59b in business-travel revenue by Andrea Zander The hotel industry is projected to end 2021 down more than $59 billion in business travel revenue compared to 2019.
Investors | Sep 15, 2021 Walker & Dunlop Investment Partners and Ivanhoé Cambridge create multifamily partnership by Andrea Zander Walker & Dunlop Investment Partners has partnered with Ivanhoé Cambridge to form a programmatic joint venture.
Investors | Sep 15, 2021 Brookfield forms $1.5b strategic partnership with Boston-based King Street Properties by Andrea Zander King Street Properties has formed a partnership to pursue investment in life sciences real estate across the United States with Brookfield Asset Management.
Investors | Sep 15, 2021 Goldman Sachs Asset Management and Kervis sign €1b Italian logistics partnership by Andrea Zander Goldman Sachs Asset Management and Kervis SGR, on behalf of Milione alternative investment fund, have plans to invest more than €1 billion ($1.2 billion) in development of logistics properties in Italy.
Research | Sep 15, 2021 China: COVID pandemic continues to weigh on growth outlook by Released Economic growth slowed in August, as consumption was hit by the lingering impact of earlier COVID-19 outbreaks, and investment remained weak.
Transactions | Sep 15, 2021 Invesco Real Estate acquires major residential development in Amsterdam’s city center by Released Invesco has acquired a major residential development in the city center of Amsterdam.
Transactions | Sep 15, 2021 CBRE Global Investors JV acquires 189 units in Stockholm by Released CBRE Global Investors , has agreed to the forward funding and acquisition of a residential apartment building in Stockholm.
Transactions | Sep 15, 2021 Catella AM Iberia acquires residence for student-housing fund by Released Catella AM Iberia has completed the acquisition of a €15 million ($18 million) student-housing project in Seville, Spain.
Transactions | Sep 15, 2021 Condominium in Singapore up for collective sale worth $373m by Andrea Zander Watten Estate Condominium in Shelford Road, Singapore, has been put up for collective sale via tender with a minimum price of S$500 million ($373 million).
