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J.P. Morgan Asset Management announced the final close of J.P. Morgan Net Lease Real Estate Fund II (the fund), with $1.1 billion in total capital commitments.

PRP Real Assets, a privately held real estate investment and management company headquartered in Washington, D.C., announced the sale of the Broadcom Corporate Campus in Irvine, Calif. Broadcom acquired the property from PRP Real Assets on Sept. 4, 2026, for $325 million.

Driftwood Capital, a vertically integrated hospitality real estate investment firm, named David Resnick partner and co-CIO and elevated David Steiner, co-founder of the firm's credit platform, to co-CIO alongside him. Andrew Dykeman joins as senior vice president of equity investments.

Harrison Street Asset Management, an alternative global investment management firm with $110 billion in assets under management across real estate, infrastructure and credit strategies, announced several senior appointments within its investor solutions group, further strengthening the firm's global capital formation and client service platform across North America, Europe and Asia.

Milhaus, a national developer, owner and operator of class A multifamily properties, announced the completion of its acquisition of Broadshore Capital Partners, a Los Angeles- and New York-based, SEC-registered investment management and lending platform with more than 35 years of experience in equity and debt investment strategies.

Cerberus Capital Management (together with its affiliates), a global alternative investment firm with established corporate credit and real estate platforms, announced that certain funds and accounts have sold Tenet Equity to CBRE Investment Management, which is making its investment on behalf of several of its investment strategies, for $1.6 billion.

The NRP Group, a vertically integrated developer, builder and manager of multifamily housing, announced the appointment of Andrew Bailey to vice president of development in Ohio and the Midwest.

After a brief summer break, Chase McWhorter, managing director, Americas, at Institutional Real Estate, Inc., interviewed Iri Amirav, co-CEO at JLL Asset Beacon, for the fall series of Asset Management In Focus.

In an IREI exclusive interview, Richard Wagman, managing partner, and Jonathan Nachmani, president of Madison Capital, discuss why the firm-maintained conviction in San Francisco through the downturn, what it believes the broader market overlooked and how previous real estate cycles are shaping its investment strategy today.

Canada’s retail vacancy rate is expected to hold relatively steady near 2.5 percent over the next year as the sector continues to absorb the fallout from the closure of Hudson’s Bay stores, according to a new forecast from CoStar Group, a global provider of online real estate marketplaces, information and analytics in the property markets.

Tanenbaum Equity Partners (TEP), a Dallas-based commercial real estate investment firm specializing in government-leased properties, announced the successful recapitalization of TEP Government Holdings, its nationwide government-leased real estate portfolio.

In this interview, Dan Haroun and Max Heiden, co-founders of Catalyst Investment Partners, discuss what makes an IOS asset attractive to institutional investors, why flexibility and supply constraints remain central to the firm’s strategy, how growing power requirements are affecting the sector and what the expansion of institutional debt capital indicates about the maturation of IOS.

Rockpoint and Newbond Holdings, a real estate and hospitality-focused investment platform, have acquired Hotel Maren Fort Lauderdale, Curio Collection by Hilton.

The Ohio Police and Fire Pension Fund (OP&F) has committed $75 million to Chicago Pacific Founders Healthcare Real Estate Fund IV.

The Illinois Municipal Retirement Fund (IMRF) has committed $120 million to real estate funds, including strategies managed by Artemis, Arc Capital and Chicago Pacific Founders.

The Montana Board of Investments (MBOI) has committed $100 million to real estate funds over-seen by DRA Advisors and Marcus Partners.

Walker & Dunlop has arranged $390 million in construction financing for Park Tower, a new class A mixed-use multifamily development in Jersey City’s Journal Square neighborhood.

Foxgate Capital and Cole Klein Builders have acquired 458 acres in Manor, Texas, for the development of Eastwood, a large-scale mixed-use community planned for 1,335 residential lots and 97 acres of commercial and retail space.

CIM Group has acquired 51 South, a 134-unit apartment community in White Plains, N.Y., in partnership with Hulic Co., Ltd.