Newsline

DivcoWest, a DivCore Capital company, has acquired 399 Boylston St., a premier 245,000-square-foot class A office building in Boston’s Back Bay.

The Amherst Group has received an equity investment from Koch Real Estate Investments (KREI), a subsidiary of Koch, one of the largest private companies in America, marking the latest in a series of investments that makes KREI Amherst’s largest institutional shareholder.

Real estate investment veteran Matt Ferrari has launched PXV Multifamily, a private multifamily investment and operating firm which will target a broad spectrum of assets from middle-market value-added properties to institutional quality opportunities in select key markets throughout the United States. 

Institutional investors are under increasing pressure to make faster, smarter and more transparent decisions while managing complex portfolios and meeting fiduciary responsibilities. In the first article of this series, we explored why reviewing in-house technology is essential. This follow-up focuses on where to apply that technology — specifically, which workflows offer the greatest opportunity to drive better outcomes with modern tools by their investment managers.

Sonida Senior Living has plans to acquire CNL Healthcare Properties in a cash and stock transaction valued at approximately $1.8 billion.

CapitaLand Investment Limited (CLI) has achieved final close for its value-added lodging private fund.

Harrison Street Asset Management (HSAM) has formed a new joint venture with Oakmont Senior Living and Blue Mountain Enterprises to acquire and develop a six-property, class A senior housing portfolio across California. This relationship-driven venture brings together three leading firms with complementary expertise across investment, development and operations.

The U.S. housing market is shaped less by an overall shortage of units and more by a persistent mismatch between the types and locations of housing and the evolving needs of households, according to Principal Asset Management’s Rich Hill in a recently white paper, America’s Housing Opportunity: Beyond the Supply Gap.

Macy’s has reached an agreement to form a venture with TMG Partners to explore the future potential of its historic Union Square property in San Francisco.

Year-to-date European retail investment volumes have now surpassed €24.6 billion.

The Indiana Public Retirement System (PRS) has committed $150 million to real estate funds, according to meeting materials from Oct. 31.

The New Mexico State Investment Council (SIC) is considering a commitment of up to $200 million to Carlyle Property Investors, according to meeting materials from Oct. 28.

The Employees Retirement System of Texas (ERS) has committed $4.7 million to Madison Preferred Equity Facility, a program of Madison International Realty, according to investment correspondence on Oct. 31.

Continental Properties has launched its Real Estate Development Fund IV, L.P. (Fund IV), which will develop market rate suburban multifamily communities in undersupplied housing markets across the United States.  

StepStone Real Estate (SRE), the real estate arm of StepStone Group, a global private markets investment firm, has finalized the size of its StepStone Real Estate Partners V (SREP V), GP-led secondaries program, with total commitments of $5.3 billion.

With a significant increase in industry concerns around the impacts of deglobalization among real estate leaders in Europe, prospects for renewed investment activity continue to be tempered by geopolitical and economic uncertainty resulting in the overriding sentiment among leaders having shifted from last year’s cautious optimism to pragmatism, according to the latest Emerging Trends in Real Estate Europe 2026 report by PwC and the Urban Land Institute (ULI). 

SCALE Lending, the debt financing arm of Slate Property Group, has finalized a $460 million cross-collateralized facility for the Namdar Group.

JLL's Capital Markets group has secured $565.35 million in construction financing for The Residences at 1428 Brickell, an ultra-luxury 70-story condominium tower in Miami's prestigious Brickell Financial District.

H.I.G. Capital has acquired four logistics and light industrial properties in Norway.

MCB Real Estate, a commercial real estate developer and investment management firm with about $3 billion in assets under management, said it has made an offer to acquire all outstanding shares of Whitestone REIT for $15.20 per share in cash.