Labor markets add 263,000 jobs in November by Loretta Clodfelter | Dec 2, 2022 Labor markets continue to show strength, as nonfarm payroll employment increased by 263,000 jobs in November, according to the Bureau of Labor Statistics, and the unemployment rate remained unchanged at 3.7 percent.
From art to wine to farmland, alternative investments poised for huge inflows by Andrea Zander | Dec 2, 2022 The rise of digital platforms that enable investors to own stakes in art, wine, farmland, metals and other alternative assets has democratized an asset class once only available to institutional and ultra-high-net-worth investors.
Globtec Investment to invest additional $300m in Turkey by Released | Dec 2, 2022 Washington, D.C.–based Globtec Investment has plans for an additional $300 million investment in the Turkish food industry.
Broad Street Realty secures preferred equity investment from Fortress Investment Group by Andrea Zander | Dec 2, 2022 Broad Street Realty, through a newly formed subsidiary, has secured an $80 million preferred equity Investment and a property-specific $15 million mezzanine loan from an affiliate of Fortress Investment Group.
$75m value-add healthcare fund completes first closing by Kali Persall | Dec 2, 2022 Thomas Park Investments has completed a first closing for its $75 million value-add vehicle, Thomas Park Growth Fund I.
Sempra Infrastructure announces sale and purchase agreement with INEOS for Port Arthur, Texas by Released | Dec 2, 2022 Sempra Infrastructure has entered into a long-term sale and purchase agreement (SPA) with INEOS.
Creation Investments holds $270m final close by Andrea Zander | Dec 2, 2022 Creation Investments Capital Management has held a final close.
VICI Properties to acquire remaining interest in MGM Grand Las Vegas and Mandalay Bay JV from BREIT by Andrea Zander | Dec 1, 2022 Blackstone Real Estate Income Trust (BREIT) and VICI Properties have jointly entered into a definitive agreement.
PIMCO launches flexible real estate income fund by Kali Persall | Dec 1, 2022 PIMCO has launched its first real estate.
Caliche Development Partners II partners with OIC, GCM Grosvenor targeting underground storage and sequestration assets by Kali Persall | Dec 1, 2022 Caliche Development Partners II has partnered with Orion Infrastructure Capital (OIC) and GCM Grosvenor targeting underground storage and sequestration assets in North America.