Breakthrough Properties raises $3b to develop next generation life-science ecosystems by Andrea Zander | Apr 29, 2022 Breakthrough Properties, a joint venture of Tishman Speyer and Bellco Capital, today announced the final closings for the Breakthrough Life Science Property Fund.
Actis to sell renewables platform Sprng Energy to Shell by Released | Apr 29, 2022 Actis has agreed to sell Solenergi Power Private Limited, the flagship company for its Sprng Energy platforms, one of India’s largest renewable energy companies, to Shell Overseas Investments B.V for $1.55 billion.
TPG Rise Climate fund closes at $7.3b by Kali Persall | Apr 28, 2022 TPG Rise Climate, the dedicated climate investing strategy of TPG’s global impact investing platform TPG Rise, has closed with $7.3 billion of equity commitments.
Propy and Abra form crypto-backed real estate partnership by Released | Apr 28, 2022 Propy and Abra , have announced a partnership that will enable Propy customers to buy real estate by securing a loan using their digital assets as collateral with Abra Borrow.
Second Avenue Group locks in $250m commitment from Monroe Capital by Kali Persall | Apr 28, 2022 Second Avenue Group, an institutional single-family rental platform, has added $250 million from private credit asset manager Monroe Capital to its investment platform.
REAF Communities acquires 3,173 acres for master planned community in Texas by Released | Apr 28, 2022 RREAF Communities has closed on a 3,173-acre mixed-use development between Austin and San Antonio in Caldwell County, Texas.
Hersha Hospitality Trust to sell noncore Urban Select Service properties for $505m by Andrea Zander | Apr 28, 2022 Hersha Hospitality Trust has entered into a definitive agreement to sell seven of its noncore Urban Select Service properties outside of New York City for $505 million.
C-Star exits SFR fund in sale to institutional operator by Released | Apr 28, 2022 C-Star has exited its Fund I.
Fengate launches Fengate Distributed Generation Partners, closes on development partnership with 42 Renewables by Released | Apr 27, 2022 Fengate Asset Management has closed on a new development partnership with 42 renewables and the launch of Fengate Distributed Generation Partners.
Eagle OZ launches Eagle OZ Fund II, partners with Peak Capital Solutions by Released | Apr 27, 2022 Eagle OZ has launch Eagle OZ Fund II.
Waypoint Residential raises $50m in second round of funding by Andrea Zander | Apr 27, 2022 Waypoint Residential has announced that its subsidiary’s closed-end commingled Fund II has raised over $50 million in equity.
NCREIF Timberland Index returns 3.21% by Released | Apr 27, 2022 The National Council of Real Estate Investment Fiduciaries (NCREIF) has released first quarter 2022 results of the NCREIF Timberland Index.
Blackstone portfolio company backs workforce development hub in New Jersey by Kali Persall | Apr 27, 2022 Atlantic Power Transmission (APT), a Blackstone portfolio company, has made a $50 million commitment to a workforce development hub in New Jersey.
Nontraded REITs hit quarterly fundraising record of $12.2b by Robert A. Stanger & Co. | Apr 27, 2022 Alternative investment fundraising totaled $32.9 billion in the first quarter, led by NAV REITs at $12.2 billion, nontraded business development companies at $8.9 billion, interval funds at $7.1 billion, and Delaware statutory trusts at $2.9 billion, according to Robert A. Stanger & Co.
EQT Exeter sets $4.5b target for latest U.S. industrial fund by Kali Persall | Apr 27, 2022 EQT Exeter is seeking $4.5 billion for its latest value-add industrial fund, launched in early March.
