Research | Jan 21, 2025 Office REITs remain on the downturn, but may see hope with international returning-to-office trends by Elise Mackanych The poor performance of office REITs is holding down the recovery pace for the real estate sector, according to the S&P Global Ratings 2025 Real Estate Industry Outlook. With a negative rating, leverage for U.S. office REITs is still elevated compared to other property types. Material improvement is unlikely, due to low utilization and poor tenant retention.
Investors | Jan 21, 2025 New Jersey DOI launches search for real estate investment consultant by Elise Mackanych The New Jersey Division of Investment (DOI) has issued a request for proposals (RFP) for real estate investment consulting services, according to the Department of the Treasury’s materials.
Research | Jan 21, 2025 Mall visits increase during 2024 holiday season by Elise Mackanych This past year’s holiday shopping levels at indoor malls and open-air shopping centers exceeded 2023 levels, according to Placer.ai’s “Mall December 2024 Index.”
Investors | Jan 21, 2025 SBCERA announces plan for $145m in real estate commitments for 2025 by Elise Mackanych The San Bernardino County (Calif.) Employees Retirement Association (SBCERA) plans to commit up to $145 million to real estate assets in 2025.
Research | Jan 21, 2025 North American pension fund real estate portfolios most exposed to climate change and net-zero risks by Marek Handzel Globally, North American pension fund real estate portfolios are at most risk from climate change and the transition to net-zero carbon dioxide emission economies, according to Ortec Finance.
Transactions | Jan 17, 2025 CapRock Partners sells San Gabriel Valley, Calif., distribution center by RELEASED Caprock Partners has sold West Valley Logistics, a new LEED-certified, 270,000-square-foot industrial warehouse in Walnut, Calif.
Transactions | Jan 17, 2025 Rockpoint, Related Group announce sale of class A apartment community in Phoenix by RELEASED Rockpoint and Related Group has sold Town Deer Valley, a class A luxury apartment community in Phoenix.
People | Jan 17, 2025 Manulife Investment Management welcomes Ryan Hanna as global chief operating officer of private markets by RELEASED Manulife Investment Management (Manulife IM), a Manulife Wealth & Asset Management company, has appointed Ryan Hanna as global COO of private markets.
Research | Jan 17, 2025 Occupied senior housing units reach new high by RELEASED Senior housing occupancy rates in the United States increased 0.7 percentage points, from 86.5 percent occupied in the third quarter 2024 to 87.2 percent in the fourth quarter, according to the National Investment Center for Seniors Housing & Care (NIC).
Fundraising | Jan 17, 2025 JPI, Pinnacle Partners launch $200m workforce housing fund by RELEASED JPI and Pinnacle Partners has launched a $200 million Workforce Housing Fund.
People | Jan 17, 2025 Tuba Malinowski promoted to executive managing director and head of Stockbridge CVA by RELEASED Tuba Malinowski has been promoted to executive managing director and head of Stockbridge Core and Value Advisers (CVA).
Transactions | Jan 17, 2025 Cottonwood Group closes $284m financing for Austin’s EastVillage development by RELEASED Cottonwood Group has closed a $284 million senior bridge loan facility.
Fundraising | Jan 16, 2025 Fifth Wall announces launch of new flagship fund for proptech investment by RELEASED Fifth Wall has closed out 2024 with the launch of its new Flagship Fund.
Research | Jan 16, 2025 Global real estate allocations edge closer to targets in 2025 by Andrea Zander Allocations to real estate align more closely with target levels globally, according to the 2025 Investment Intentions Survey — published by INREV, ANREV and PREA. The average current allocation to real estate globally stands at 8.7 percent, just below the average target of 9.0 percent.
Research | Jan 16, 2025 NFI-DP December returns and calendar year 2024 in negative territory by RELEASED The National Council of Real Estate Investment Fiduciaries (NCREIF) has released the December 2024 performance returns for the Daily Priced NCREIF Fund Index (NFI-DP). The total returns, net of advisory fees.