Cox invests $400m in nationwide broadband network expansion by Released | Jun 7, 2022 Cox Communications has committed more than $400 million dollars over the next three years to bring symmetrical gigabit broadband connectivity to more than 100,000 unserved and underserved households in U.S. communities.
Macquarie partners with L.A. apartment developer for $300m self-storage JV by Andrea Zander | Jun 7, 2022 LaTerra Development, a Los Angeles-based developer, has established a self-storage development platform and formed a joint venture with a fund managed by Macquarie Asset Management to deploy up to $300 million in self-storage developments initially concentrated in Los Angeles and other Southern California markets.
National year-over-year multifamily rent growth at 10 percent, down from 10.6 percent in April by Andrea Zander | Jun 7, 2022 Sunbelt markets continue to dominate the top 10 rent growth markets for the month of May.
Dodge Momentum Index shows gains in May by Released | Jun 7, 2022 The Dodge Momentum Index (DMI) jumped 7 percent in May to 176.2 (2000=100), up from the revised April reading of 165.2.
rPlus Hydro to develop $2.5b pumped storage hydroelectric project in Wyoming by Released | Jun 7, 2022 rPlus Hydro announced the submission of a draft license application for its Seminoe Pumped Storage project, located near Rawlins, Wyo.
Shell launches residential power brand Shell Energy, enters Texas market by Released | Jun 7, 2022 Shell has launched the Shell Energy brand into the residential power market in the United States.
Ion Storage Systems closes $30m Series A funding round by Released | Jun 7, 2022 Ion Storage Systems, Inc. (ION) announced the closing of its Series A funding round, exceeding its original target of $30 million.
DOE launches Bipartisan Infrastructure Law’s $8b program for U.S. clean hydrogen hubs by Released | Jun 7, 2022 The U.S. Department of Energy (DOE) has released a Notice of Intent (NOI) to fund the Bipartisan Infrastructure Law’s $8 billion program to develop regional clean hydrogen hubs (H2Hubs) across America.
REITs fall in May, lagging broader market by Loretta Clodfelter | Jun 7, 2022 U.S. REITs fell in May, with the FTSE Nareit Equity REITs Index falling 6.2 percent in the month.
True Green Capital Management closes fourth fund, raising more than $660m by Andrea Zander | Jun 6, 2022 True Green Capital Management (TGC), a renewable energy infrastructure private equity fund manager, announced the final close of True Green Capital Fund IV, with more than $660 million.
DP World, CDPQ announce $5b investment in strategic assets in the UAE by Released | Jun 6, 2022 DP World, a global infrastructure-led supply chain solutions provider, and CDPQ, a global investment group, announced an investment of $5 billion in three of DP World's flagship UAE assets.
Bain Capital invests $250m in food retail sector by Released | Jun 6, 2022 Bain Capital has invested $250 million in Cuisine Solutions.
J.P. Morgan holds $2.4b final close, surpassing target by Released | Jun 6, 2022 J.P. Morgan Asset Management announced the final closing of its Lynstone Special Situations Fund II.
Inland Private Capital Corp. completes multifamily property in St. Paul by Released | Jun 6, 2022 Inland Private Capital Corporation (IPC) has opened The Arlow on Kellogg, a newly developed, 144-unit Class A multifamily property in downtown St. Paul, Minn.
Spicewood Mineral Partners raises $250m in capital commitments by Andrea Zander | Jun 6, 2022 Spicewood Mineral Partners has held a final closing for its Spicewood Mineral Partners with $250 million of total capital commitments.