Transactions | Jun 9, 2021 Reger Holdings receives $278m construction loan for four assets in Austin by Released Reger Holdings has received a $278.5 million construction loan for a portfolio of four assets located in Austin.
Transactions | Jun 9, 2021 Chinese insurer pays $1.4b for Beijing tower, largest office deal by Andrea Zander Beijing-based Hexie Health Insurance has bought the SK Tower in Beijing.
Fundraising | Jun 9, 2021 Principal Real Estate closes its first dedicated data center fund by Kali Persall Principal Real Estate Investors has completed a final close for its Principal Digital Real Estate Fund.
Research | Jun 9, 2021 Grocery store foot traffic shows optimism for the rest of the year by Andrea Zander After experiencing an exceptionally successful last quarter of 2020, the first quarter of 2021 presented grocers with several challenges, according to a report by Placer Labs.
Transactions | Jun 9, 2021 BNP Paribas REIM UK sells Amazon fulfilment center for €186m by Andrea Zander BNP Paribas Real Estate Investment Management (BNP Paribas REIM), acting on behalf of Seoul-based Vestas Investment Management (Vestas), has sold Amazon’s fulfilment center in Bardon, U.K., to Savills Investment Management.
Fundraising | Jun 9, 2021 Madison Realty Capital Debt Fund V surpasses $1b by Kali Persall Madison Realty Capital has raised more than $1.13 billion for its value-add fund.
Investors | Jun 9, 2021 Grosvenor Group backs Australian real estate firm by Andrea Zander Grosvenor Group, through its indirect investment business, has backed the launch of a new Australian real estate investment management business, Gateway Capital.
Investors | Jun 9, 2021 NYSTRS pours $1.7b into real estate strategies by Kali Persall The $137.9 billion New York State Teachers’ Retirement System (NYSTRS) has made a series of commitments to real estate funds and strategies representing nearly $1.7 billion.
Fundraising | Jun 9, 2021 Greystar raises €725m for its pan-European value-add fund by Kali Persall Greystar Europe Investment Management has raised €725 million ($882 million) in capital commitments thus far.
Transactions | Jun 9, 2021 Pathway to Living, Welltower acquire 1,105-unit senior housing portfolio by Released Pathway to Living, the senior housing platform of Chicago-based real estate investor and operator Waterton, has partnered with Welltower®Inc to manage and modernize a 22-property senior housing portfolio across Illinois and Ohio.
Research | Jun 9, 2021 Savills predicts demand for operational real estate across Europe, forecasting top ‘youthful’ and ‘aged’ cities by Andrea Zander Savills has identified the cities and regions in Europe that in five years’ time will be particularly “youthful”, having the largest share of people aged 20–39, and those that will be the most “aged”, with the highest number of people aged 65 or older.
People | Jun 9, 2021 Scott Barsky joins Sentinel Real Estate Corporation as first vice president by Released Scott Barsky has joined Sentinel Real Estate Corp. as a first vice president, responsible for the firm’s North American capital-raising and investor relations activities.
Transactions | Jun 8, 2021 Harrison Street purchases and sold assets for $1.6b by Andrea Zander Harrison Street has agreed to purchase 24 senior housing assets and sell 14 medical office properties across eight states, in deals with multiple sellers and counterparties, for a total transaction value of approximately $1.6 billion.
Fundraising | Jun 8, 2021 Arden Group raises $500m for third real estate fund by Kali Persall Arden Group has completed the final close of the firm’s third fully discretionary equity fund.
Investors | Jun 8, 2021 Colony Capital and Digital Colony rebrand to DigitalBridge by Released Colony Capital has announced a corporate rebranding of the company to DigitalBridge.
Transactions | Jun 8, 2021 Hotel Properties JV to develop high-rise mixed-use tower in Japan by Released An investment consortium as announced plans for the One Dojima Project in Osaka, Japan.
Transactions | Jun 8, 2021 GIC JV acquires hotel in Colorado by Released Summit Hotel Properties has agreed to acquire the 110-room Residence Inn by Marriott Steamboat Springs, Colo., for $33 million through its joint venture with GIC.
Investors | Jun 8, 2021 Oxford Properties launches JV to invest in Australian apartment sector by Andrea Zander Investa has launched a new build-to-rent (BTR) management platform.
Investors | Jun 8, 2021 City of Phoenix Employees’ backs American Landmark Fund III by Kali Persall The $3.14 billion City of Phoenix Employees' Retirement System (COPERS) has committed $30 million to a value-add multifamily fund managed by American Landmark Apartments.
Investors | Jun 8, 2021 FCP Realty Fund V adds Oklahoma Teachers to investor base by Kali Persall FCP Realty Fund V, a real estate fund managed by Maryland-based FCP, has added another U.S. pension fund to its investor base.
