Spearmint Energy purchases 900MW of energy storage development assets by Released | Mar 21, 2023 Spearmint Energy has acquired a 900-megawatt (MW) portfolio of battery energy storage solutions (BESS) assets, collectively known as Nomadic.
Artificial intelligence: What is its future, and how will it affect data center markets? by Andrea Zander | Mar 21, 2023 New advancements in software applications and IT transformed client needs, prompting significant growth in data center inventory, according to CBRE Research.
WealthStone expands multifamily, industrial, hospitality platform by Released | Mar 21, 2023 WealthStone has expanded its real estate platform.
FDIC announces agreement to sell Signature Bank assets, UBS buys Credit Suisse for $3.2b by Released | Mar 20, 2023 The Federal Deposit Insurance Corporation (FDIC) has entered into a purchase and assumption agreement for substantially all deposits and certain loan portfolios of Signature Bridge Bank.
HydrogenPro plans U.S. 500MW factory by Released | Mar 20, 2023 HydrogenPro has plans to expand in United States with a new 500-megawatt (MW) factory in Texas.
Blackstone to acquire Cvent for $4.6b by Andrea Zander | Mar 20, 2023 Blackstone has acquired Cvent Holding Corp. for $4.6 billion.
Juniper Square: CRE investor portfolios see substantive shift in allocations to office, industrial by Released | Mar 20, 2023 There is a dramatic shift in general partners (GP) portfolio allocations over the past 10 years.
Travel and tourism industry deal activity sinks by 60.4% yoy in February 2023 by Andrea Zander | Mar 20, 2023 The global travel and tourism is facing another setback with a significant drop in deal activity.
Manulife Investment Management — How real assets provide real solutions: investing sustainably for a better world by Andrea Zander | Mar 17, 2023 Investments in real assets are valued for providing diversification benefits, inflation protection, and stable yield.
Why the U.S. still faces a housing shortage by Andrea Zander | Mar 17, 2023 The barriers to purchase a house and benefits of apartments will prolong the millennial renter cycle.
LINGERFELT, Partners Group acquire 1.2msf class A industrial logistics and distribution portfolio in Richmond, Va. by Released | Mar 17, 2023 LINGERFELT has closed on a $105.6 million acquisition of Northlake and Walthall Distribution Centers in a joint venture with Partners Group.
ExxonMobil boosts fuel supply with $2b Beaumont Refinery expansion by Released | Mar 17, 2023 ExxonMobil announced the successful startup of its Beaumont, Texas, refinery expansion project.
ULI report finds offices are here to stay, though in a ‘state of flux’ by Andrea Zander | Mar 17, 2023 A new report on the future of the office sector by the Urban Land Institute (ULI) and The Instant Group finds that while offices are here to stay, the sector is in “a full state of flux.”
U.S. bank failures make waves for pension fund investors by Kali Persall | Mar 16, 2023 While state and federal regulators have assured depositors that their money is safe, a number of pension funds say they are out millions of dollars due to the bank collapses, as shareholder equity is expected to be wiped out.
CBRE: The rise and fall of office-to-multifamily conversions by Andrea Zander | Mar 16, 2023 Office-to-multifamily (OTM) conversions remain rare, but there are high-demand multifamily markets in the West with untapped conversion potential due to a relatively large amount of smaller, older office buildings.
