Focus Senior Housing Fund II advances toward $600m fundraising target by Kali Persall | May 8, 2023 Chicago-based Focus Healthcare Partners (FHP) has raised $140 million for its Focus Senior Housing Fund II, according to a recent filing with the SEC. The value-add vehicle has a fundraising target of $600 million.
Lubert-Adler raises $30m for Workforce Housing Fund II by Larry Gray | May 8, 2023 Philadelphia-based investment manager Lubert-Adler has raised $30 million for its Lubert-Adler Workforce Housing Fund II-MB
Prime expands data center offering into Phoenix by Released | May 8, 2023 Prime, a developer and operator of hyperscale and wholesale data centers in America and Europe, has expanded into the Phoenix market.
Investing in the hydrogen economy by Drew Campbell | May 8, 2023 The burgeoning hydrogen market is expected to need between $6 trillion and $12 trillion by 2050, according to Building the green hydrogen economy, a report by the Boston Consulting Group and EDHECinfra.
Job gains reach 253,000 in April by Loretta Clodfelter | May 8, 2023 The United States continues to have a strong labor market. In April, total nonfarm payroll employment increased by 253,000 jobs, according to the Bureau of Labor Statistics, and the unemployment rate was 3.4 percent.
Origin Investments closes second qualified opportunity zone fund at $300m by Kali Persall | May 5, 2023 Origin Investments, a private real estate manager that provides solutions for individual investors, family offices and advisers, has completed the final close of its second qualified opportunity zone fund and unveiled plans to launch a third in the next 60 to 90 days, based on ongoing investor demand and a robust development pipeline.
AJ Capital announces first branded multifamily residential platform by Kali Persall | May 5, 2023 Adventurous Journeys Capital Partners (AJ Capital), a vertically integrated real estate investment manager, has announced its first branded multifamily residential platform, Memoir Residential.
Folium Capital launches $500m regenerative natural-resources fund by Kali Persall | May 5, 2023 Folium Capital, a private equity investor focused on the sustainable management of forest and agriculture assets, has launched a regenerative natural-resources fund with a target of $500 million.
Fed raises federal funds rate by 25bps but signals a pause in rate-hiking ahead by Loretta Clodfelter | May 5, 2023 The Federal Open Market Committee voted to increase the target federal funds rate by 25 basis points at its May 3 meeting, for a target range of 5.0 percent to 5.25 percent
A review of infrastructure’s inflation-hedging capabilities by Drew Campbell | May 5, 2023 Infrastructure investments are often touted for their ability to protect against inflation, but not all assets can do this, and those that can, do so at varying degrees.
Funds in the market led by Blackstone’s European mega-fund by Denise Moose | May 4, 2023 Institutional Real Estate, Inc.’s proprietary database, IREI.Q, has identified 334 funds real estate private equity funds currently open to investors in its Q1/2023 IREI.Q Funds in the market report.
LIHTC senior housing property changes ownership by Kali Persall | May 4, 2023 A 154-unit Low-Income Housing Tax Credit (LIHTC) senior housing property has changed hands in Grand Prairie, Texas
REITs rise 0.8%, led by residential and healthcare by Loretta Clodfelter | May 4, 2023 The residential and healthcare sectors pulled REITs into the black in April. The FTSE Nareit Equity REITs Index rose 0.8 percent in the past month, with a year-to-date total return of 3.5 percent. This was a reversal from REITs’ 2.5 percent decline in March.
Record number of robots now employed by auto industry by Mike Consol | May 4, 2023 The automotive industry has the largest number of robots working in factories around the world, with its operational stock hitting a new record of about 1 million units. This represents about one-third of the total number of robots installed across all industries.
Grade ‘A’ report card for student housing by Mike Consol | May 4, 2023 The fundamentals surrounding investments in student housing has never been stronger, and concerns that growing online learning — rather than on campus — would erode the business has been debunked by the COVID-19 experience, during which student housing assets continued to perform.
