Blackstone chief defends BREIT decision of limiting withdraws by Andrea Zander | Dec 8, 2022 Jon Gray, Blackstone president and COO, defends the firm’s the Blackstone Real Estate Income Trust (BREIT) decision to limiting withdrawals from the $69 billion REIT, on CNBC.
Despite recession risks, multifamily outlook remains strong by Loretta Clodfelter | Dec 8, 2022 Multifamily rents have soared in recent years, but as the economy shows signs of downturn, it remains unclear how much higher rents will go in the future.
Blackstone-backed Legence acquires LORD Green Strategies by Released | Dec 8, 2022 Legence, a Blackstone company, announced its acquisition of LORD Green Strategies, a sustainability consultancy headquartered in Texas.
Mall visits slip 6.4% in November — is it the economy, or a result of the extended shopping season? by Andrea Zander | Dec 7, 2022 Visits to malls around the country during one of the busiest months of the year were down compared to 2021 and 2019.
OCI N.V. breaks ground on $1b blue ammonia site in Texas by Released | Dec 7, 2022 OCI N.V., a global producer and distributor of hydrogen-based products, has begun construction of its blue ammonia facility in Texas.
Bison Water Midstream shores up water infrastructure platform in Oklahoma by Released | Dec 7, 2022 Bison Water Midstream has acquired all of the Oklahoma assets owned by Lagoon Water Midstream.
EQT, Macquarie said to eye Morgan Stanley’s 40% PNE stake by Andrea Zander | Dec 7, 2022 EQT AB and Macquarie Group Ltd. are among potential suitors eyeing Morgan Stanley’s 40 percent stake in German wind park developer PNE AG, reported Bloomberg, citing people familiar with the matter said.
International Public Partnerships makes follow-on investment in family housing for service personnel sector by Kali Persall | Dec 7, 2022 International Public Partnerships (INPP), a listed infrastructure investment company focused on investing responsibly in social and public infrastructure, has confirmed a follow-on investment of about $45 million in the family housing for service personnel (FHSP) sector.
Shell subsidiary to acquire largest RNG producer in Europe by Kali Persall | Dec 6, 2022 Shell Petroleum NV, a wholly owned subsidiary of Shell, has forged an agreement with Davidson Kempner Capital Management, Pioneer Point Partners and Sampension to acquire a 100 percent shareholding in Nature Energy Biogas.
Three generational NYC multi-housing properties trade for $825m by Andrea Zander | Dec 6, 2022 Solow Building Co. has sold three New York City Upper East Side multi-housing properties totaling 858 units, including One Sutton Place, Two Sutton Place and One East River Place, that are part of a larger five-property portfolio.
Integris Real Estate Investments launches new secured credit fund by Kali Persall | Dec 6, 2022 Irvine, Calif.–based Integris Real Estate Investments is seeking to raise up to $10 million from accredited investors for its new investment vehicle, Integris Secured Credit Fund II.
Wynn completes $1.7b Encore Boston Harbor Land and real estate sale leaseback transaction by Andrea Zander | Dec 6, 2022 Wynn Resorts has completed the sale of the land and real estate assets of Encore Boston Harbor to Realty Income Corp. for $1.7 billion in cash.
REITs rise 5.8% in November by Loretta Clodfelter | Dec 6, 2022 REITs rose nearly 5.8 percent in November, according to the FTSE Nareit Equity REITs Index, for the second consecutive month of gains.
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SPONORSED: Clarion – Private real estate investing amid macro uncertainties by Sheila Hopkins | Dec 5, 2022 This is a good time for investors to position their portfolios for better risk-adjusted performance with an overweight to property sectors and markets in which owners have strong pricing power and can grow cash flow over time.
