Hotel startup to invest $300m in U.S. by Released | Jun 19, 2019 OYO Hotels & Homes, a young hotel startup, has plans to invest $300 million over the next few years.
Boutique Cambridge hotel secures financing from NY hedge fund by Released | Jun 19, 2019 GenX Capital Partners in collaboration with Capital Stack CRE Finance has underwrote and closed a $37.75 million construction loan with a N.Y. real estate hedge fund for 907 Main boutique hotel in Cambridge, Mass.
Prime rent in San Francisco rivals global office markets by Andrea Zander | Jun 19, 2019 Prime office rents in San Francisco moved the city up from the 22nd most expensive office market in 2013 to the 12th in 2019, according to CBRE’s Global Prime Office Occupancy report.
Canadian prime minister approves Trans Mountain pipeline expansion by Kali Persall | Jun 19, 2019 The Trans Mountain pipeline expansion in Canada will proceed as planned, after receiving an official stamp of approval from Canadian Prime Minister Justin Trudeau on June 18.
U.S. Energy participates in nine-well $49m development in the Powder River Basin by Released | Jun 19, 2019 U.S. Energy Development Corp., one of the largest sponsors of direct-ownership oil and gas investments, has announced participation in a nine-well oil development project in the Powder River Basin.
J.P. Morgan Asset Management CEO to retire by Andrea Zander | Jun 19, 2019 Chris Willcox, CEO of J.P. Morgan Asset Management, is retiring from the firm at the end of the year.
Google pledges $1b to Silicon Valley housing crisis by Andrea Zander | Jun 19, 2019 Google CEO Sundar Pichai announced the company’s biggest commitment by far, a $1 billion investment over the next 10 years to build some 20,000 units of housing.
Tallest tower in Texas sells for $627m by Andrea Zander | Jun 19, 2019 Cerberus Capital, in partnership with Hines, has agreed to acquire the 600 Travis building, a 75-story office property known as the tallest tower in Texas, reported Real Estate Alert.
Investors, advisers anticipate market volatility within the next 12 months, study finds by Kali Persall | Jun 18, 2019 Nationwide has released its Fifth Annual Advisor Authority Study, the latest in a series of special reports that will run through 2020.
Wells Fargo: 10-year economic expansion not over, all avenues require careful assessment by Released | Jun 18, 2019 The current 10-year economic expansion is not over, and all avenues for investors to consider will require careful assessment, according to the “2019 Midyear Outlook Eyes Forward: Opportunities and Challenges” report by Wells Fargo Investment Institute.
Featured Event 2019 Editorial Advisory Board Meeting – Real Assets Adviser The 2019 meeting of the Editorial Advisory Board for Real Assets Adviser magazine is an…