CenterPoint Properties names new senior vice president of ESG and sustainability by Released | Nov 21, 2022 CenterPoint Properties, a company specializing in the investment, development and management of industrial real estate and multimodal transportation infrastructure, has appointed Tanner Hayes as senior vice president of ESG and sustainability.
Office occupiers will see more demand for flexibility by Loretta Clodfelter | Nov 18, 2022 The future of office space is flexibility — but that may not mean a decline in demand. Despite the uncertainty from remote work and a reduction in bank lending for office space causing a liquidity crunch in the space, there may be investment opportunities in the next year or two.
10X Capital hires former CalPERS and Alaska Permanent Fund CIO Russell Read by Andrea Zander | Nov 18, 2022 Dr. Russell Read, former CIO of CalPERS, the Alaska Permanent Fund, and the Gulf Investment Corporation, and former deputy CIO of Deutsche Bank’s Deutsche Asset Management, is joining 10X Capital as its CIO.
The Future of Work Survey: Key trends for life sciences industry by Released | Nov 18, 2022 Commercial real estate leaders are at a critical juncture when it comes to thinking strategically about the future of work.
Greenbacker acquires three community solar projects in New York by Released | Nov 18, 2022 Greenbacker Capital Management (GCM) has purchased, through an affiliated investment vehicle, three to-be-constructed community solar projects in New York from ReneSola Power Holdings.
Despite continued volatility and sell off across the REIT sector, green shoots are evident by Andrea Zander | Nov 18, 2022 Despite a challenging capital markets environment and economic uncertainty, REITs continue to post strong earnings performance, with a substantial majority of REITs that have reported to date beating analyst estimates. Expectations are that in 2023 REITs will post positive NOI growth and stable occupancy across all major commercial real estate (CRE) sectors.
REIT makes first glamping investment by Andrea Zander | Nov 17, 2022 Summit Hotel Properties has announced a partnership with Onera Escapes
JLL Income Property Trust, Amherst to acquire $500m single-family rental homes by Andrea Zander | Nov 17, 2022 JLL Income Property Trust has expanded its existing relationship with The Amherst Group.
Houston billionaire Tilman Fertitta pays $650m for Montage Laguna Beach Resort Hotel by Andrea Zander | Nov 17, 2022 Tilman Fertitta, the sole owner and CEO of Fertitta Entertainment, has acquired the Montage Laguna Beach Resort Hotel overlooking the Pacific Ocean in Laguna Beach, Calif.
EnCap Investments sells Jupiter Power to BlackRock by Andrea Zander | Nov 17, 2022 BlackRock Alternatives, through a fund managed by its Diversified Infrastructure business, has agreed to acquire Jupiter Power, a U.S. operator and developer of stand-alone battery storage systems that used on a utility scale.