Institutions expected to increase target allocations to real estate, says report by Kali Persall | Nov 22, 2022 Institutions continue to increase target allocations to real estate, with the expectation that attractive buying opportunities will emerge over the next several years, according to the 10th annual Institutional Real Estate Allocations Monitor, published by Hodes Weill & Associates and Cornell University’s Baker Program in Real Estate. This comes despite economic turmoil, geopolitical risk, and […]
Bally’s partners with private investor for $500m sale leaseback for future site of Bally’s Chicago by Andrea Zander | Nov 21, 2022 Bally’s Corp. has closed a transaction with one of Chicago’s real estate private equity firms to acquire for $200 million the Tribune Publishing Center site where Bally’s Chicago will be built.
FD Stonewater launches evergreen fund targeting single-tenant assets by Kali Persall | Nov 21, 2022 FD Stonewater has launched a new value-add evergreen fund targeting single-tenant assets.
Big Sky Medical closes investment in Texas A&M Health Science Center by Kali Persall | Nov 21, 2022 Big Sky Medical, an investment manager focused on commercial real estate across the United States with an overweight focus on the medical office sector, has closed its investment in the Texas A&M Health Science Center in Bryan, Texas.
Blackstone launches data center platform in India by Andrea Zander | Nov 21, 2022 Blackstone has launched Lumina CloudInfra.
Closed Loop Partners, Brookfield Renewable launch recycling infrastructure developer in U.S. by Kali Persall | Nov 21, 2022 Closed Loop Partners (CLP) and Brookfield Renewable have established Circular Services, a developer of circular economy and recycling infrastructure in the United States.
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.
