GIC, OMERS Infrastructure, Wren House to acquire Direct ChassisLink by Kali Persall | Jun 27, 2022 GIC, OMERS Infrastructure and Wren House have agreed to jointly acquire Direct ChassisLink Inc. (DCLI) from investment funds managed by Apollo and EQT.
North America retains top spot for HNWI population and wealth by Released | Jun 27, 2022 The global population of High Net Worth Individuals (HNWI) grew 7.8 percent, and that group’s wealth grew 8 percent in 2021 because of recovering economies being boosted by the stock market, according to Capgemini’s 2022 World Wealth Report (WWR).
Alternative investment institutions increasing investment in digital transformation with embedded security by Released | Jun 27, 2022 As the alternative investment industry tackles a rapidly changing threat landscape, increased regulation, and a continuous need to innovate, most firms are increasing their digital transformation (DX) and security budgets.
ESG focus supports investment in affordable housing by Loretta Clodfelter | Jun 27, 2022 The affordable housing segment has seen strong demand from investors, some of it driven by investor demand for investments with environmental, social and governance (ESG) aspects.
Well refracking rises for oil producers, says Reuters by Andrea Zander | Jun 27, 2022 Oil well re-fracking is on the rise in the United States.
Twin Bridge Capital Partners closes fifth flagship fund by Released | Jun 27, 2022 Twin Bridge Capital Partners has closed its fifth flagship lower-middle-market fund.
PEB pays $174m for waterside resort in Rhode Island by Released | Jun 27, 2022 Pebblebrook Hotel Trust (PEB) has acquired the AAA Four Diamond 257-room Gurney’s Newport Resort & Marina in Newport, R.I., for $174 million.
Starwood Capital Group explores $1b single-family rental sale by Andrea Zander | Jun 27, 2022 Starwood Capital Group is exploring the sale of two portfolios of single-family rental houses due to the U.S. housing cooling down.
Bank of America signs 15-year PPA with Constellation by Kali Persall | Jun 27, 2022 Bank of America has signed a 15-year, 160-megawatt agreement with Constellation, a large producer of carbon-free energy.
Oracle, Vodafone sign digital strategic partnership by Kali Persall | Jun 24, 2022 Oracle and Vodafone, the largest Pan-European and African technology communications company, have formed a multi-year strategic partnership to modernize the operator’s European IT infrastructure.
LS Power snaps up natural gas-fired power plant in Ohio by Kali Persall | Jun 24, 2022 LS Power has agreed to acquire the Rolling Hills natural gas-fired power plant in Wilkesville, Ohio, from an affiliate of ArcLight Capital Partners.
Michigan State University student housing assets sell to Blue Vista Capital Management. by Kali Persall | Jun 24, 2022 MJW Investments has sold a portfolio of student-housing assets serving Michigan State University to Blue Vista Capital Management.
Private wealth adviser team joins UBS Private Wealth Management by Kali Persall | Jun 24, 2022 UBS Private Wealth Management has added two new private wealth advisers to its Washington, D.C., firm.
Aligned plans its fourth hyperscale data center in Salt Lake City by Kali Persall | Jun 24, 2022 Aligned Data Centers has expanded in the Salt Lake City market with the planned development of SLC-03, a new data center on its hyperscale campus in West Jordan, Utah.
Google’s new data center breaks ground in Ohio by Kali Persall | Jun 24, 2022 Google’s new $300 million data center in Columbus, Ohio, has broken ground ahead of schedule, according to Datacenter Dynamics.
Prolonged supply chain disruption to accelerate Southeast Asian logistics real estate demand by Released | Jun 24, 2022 Pandemic-related border controls, Mainland China’s zero-COVID policy, the rising cost of global shipping and higher energy prices will continue to pressure Southeast Asian supply chains in 2022, according to CBRE Research in its June 2022 report.
Bailard launches development-focused multifamily real estate fund by Andrea Zander | Jun 23, 2022 Bailard has launched its new development-focused multifamily real estate strategy.
Bridge Investment Group closes fourth debt strategies fund at $2.9b by Kali Persall | Jun 23, 2022 Bridge Investment Group Holdings has wrapped up fundraising for its Bridge Debt Strategies Fund IV (BDS IV) fund, raising $2.9 billion in equity commitments.
Infinity Investment Group and A9 Family Office launch $250m U.S. real estate investment fund by Andrea Zander | Jun 23, 2022 Infinity, a technology-enabled real estate investment management firm, and A9, a Miami-based single-family office of the Ashrafi family, have partnered to form the Infinity Multifamily Real Estate Fund I.
Stanton Road Capital acquires Dallas office complex by Released | Jun 23, 2022 Stanton Road Capital has acquired Element Towers.
Competition for industrial real estate in port markets heats up by Released | Jun 23, 2022 Industrial real estate has been the one of the most sought-after property types nationally, leading to record low vacancies and increased competition among investors and tenants.
Bank of America makes investment in iCapital by Released | Jun 23, 2022 Bank of America has made a strategic investment in iCapital.
Brookfield raises world’s largest private fund dedicated to the global net-zero energy transition by Kali Persall | Jun 22, 2022 Brookfield has reached the final institutional close for the Brookfield Global Transition Fund.
Pacific Oak Opportunity Zone Fund I closes at $118m by Kali Persall | Jun 22, 2022 Pacific Oak Capital Advisors and Pacific Oak Capital Markets have closed Pacific Oak Opportunity Zone Fund I with $118 million of commitments.
SWBC Real Estate sells multifamily portfolio for $350m by Andrea Zander | Jun 22, 2022 SWBC Real Estate has sold five multifamily properties in Texas, part of the Royalton Portfolio.