Bill to convert buildings into affordable housing unanimously clears California Assembly by Andrea Zander | Aug 31, 2022 California Assembly Bill 1695 (Miguel Santiago, D- 53rd District), which will allow for state funding and loans for the development of affordable multifamily housing projects utilizing “adaptive reuse” of existing buildings, cleared the Assembly earlier today in a unanimous vote.
Hines announces second largest single-asset multifamily sale in South Florida by Released | Aug 31, 2022 Hines Global Income Trust (HGIT) has acquired Gables Station in Miami, which features 495 Life Time Living® residences.
First Solar to invest $1.2b on U.S. manufacturing by Andrea Zander | Aug 30, 2022 First Solar has plans to invest $1.2 billion in scaling production.
Bill Gates’s Breakthrough Energy Ventures backs Blue World Technologies by Andrea Zander | Aug 30, 2022 Blue World Technologies announced that the Bill Gates–founded Breakthrough Energy Ventures is entering as an investor in Blue World Technologies.
Harmoni Towers to acquire Parallel Infrastructure from Apollo by Released | Aug 30, 2022 Harmoni Towers has agreed to acquire Parallel Infrastructure.
Bascom seeks $150m for sixth value-add apartment fund by Kali Persall | Aug 30, 2022 Bascom Value Added Apartment Investors VI has raised $12.3 million against its target of $150 million.
Clear Creek Investments announces strategic partnership with Falco Global Partners by Released | Aug 30, 2022 Clear Creek Investments and Falco Global Partners have announced a strategic partnership.
Goldman says buy commodities by Andrea Zander | Aug 29, 2022 Goldman Sachs Group Inc. urged investors to pile into commodities.
Priority Power snaps up AGE’s energy procurement, solar development business by Kali Persall | Aug 29, 2022 Priority Power Management, a company backed by Oaktree Capital Management and Ara Partners, has acquired the energy procurement, consulting and solar development business of Affordable Gas & Electric Company (AGE).
ColCap, Cologix and van Rooyen family office seek investors for new data center company by Kali Persall | Aug 29, 2022 Columbia Capital (ColCap), the management team from Cologix and the van Rooyen family office have launched a new data center company known as Tract.
Social media, hyperscale market expansion propel data center demand to record year by Released | Aug 29, 2022 From new streaming binge-watches and staying connected to family and coworkers over video calls to the latest viral social media dance trend, consumers and organizations are using – and demanding – even more power capability and internet connectivity.
Bluerock Residential Growth REIT, Blackstone Real Estate announce anticipated closing date of acquisition and spin-off by Released | Aug 29, 2022 Bluerock Residential Growth REIT and Blackstone Real Estate announced that the completion of the proposed acquisition of the company by Blackstone.
GRT announces $1.1b sale of 41-property office portfolio by Andrea Zander | Aug 29, 2022 Griffin Realty Trust has sold a majority interest in a 41-property office portfolio.Griffin Realty Trust has sold a majority interest in a 41-property office portfolio consisting of 53 buildings and one land parcel valued at $1.132 billion to an institutional buyer and its operating partner.
DOE announces $540m for technologies to transform energy production, cut emissions by Released | Aug 26, 2022 The U.S. Department of Energy (DOE) has announced more than $540 million in awards for university- and National Laboratory-led research into clean energy technologies and low-carbon manufacturing.
Maryland-based casino resort sells for $260m by Andrea Zander | Aug 26, 2022 VICI Properties, together with Century Casinos, has entered into definitive agreements to acquire Rocky Gap Casino Resort, located in Flintstone, Md., from Golden Entertainment, for $260 million.
