CIM Group expands industrial portfolio in Arizona by Released | Dec 14, 2021 CIM Group has acquired Goodyear Airport 85.
Family-owned farms account 87% of farm production, becoming financially risky by Andrea Zander | Dec 13, 2021 Ninety-eight percent of U.S. farms are family farms and account for 87 percent of farm production.
Arctaris invests in 13-acre $600m opportunity zone development by Andrea Zander | Dec 13, 2021 Arctaris Impact Investors has made an opportunity zone investment in a $600 million multi-phased development project spanning the Ward 7 and 8 neighborhoods of Washington, D.C.
Brandywine Realty Trust begins $3b master-planned mixed-use community in Austin by Released | Dec 13, 2021 Brandywine Realty Trust has broken ground on its $3 billion, 66-acre master-planned neighborhood, which will introduce nearly 7 million square feet of workspace, multi-family, retail and hospitality, and a new Capital Metro Rail Station.
Public Service Company of New Mexico acquires Western Spirit transmission line by Kali Persall | Dec 13, 2021 Public Service Company of New Mexico (PNM), an energy holding company based in Albuquerque, N.M., has purchased the Western Spirit renewable transmission line for $285 million.
ExchangeRight exits multifamily market by Released | Dec 13, 2021 ExchangeRight has brought its sixth and final multifamily offering full cycle, generating total returns of 154.48 percent, including return of capital to the DST and its investors.
CalPERS puts $800m in Blackstone life science fund by Kali Persall | Dec 13, 2021 The $465 billion California Public Employees’ Retirement System (CalPERS) has committed $800 million to the perpetual life vehicle, Blackstone BioMed Life Science Real Estate fund, IREI has learned.
Global Risk Survey: Omicron hits business sentiment by Andrea Zander | Dec 13, 2021 The emergence of the Omicron coronavirus variant has been accompanied by a marked deterioration in business sentiment.
Woodside expands hydrogen portfolio in U.S. by Released | Dec 10, 2021 Leading Australian energy producer Woodside has announced plans to expand its portfolio of hydrogen-production opportunities to the United States.
EOS IM raising $136m for renewable infrastructure fund by Andrea Zander | Dec 10, 2021 London-based EOS IM has held a second closing for its EOS ReNewable Infrastructure Fund II, raising more than €120 million ($136 million).
UBS AM brings on three executives to lead energy-storage strategy by Kali Persall | Dec 10, 2021 UBS Asset Management (UBS AM) has hired three senior industry experts to establish a new energy-storage strategy.
Oxford and EverWest Real Estate Investors establish $1b JV by Andrea Zander | Dec 10, 2021 Oxford Properties Group has formed a $1 billion joint venture with EverWest Real Estate Investors to acquire and develop infill, small-bay, industrial properties across the United States.
Senior housing occupancy rates continue road to recovery by Kali Persall | Dec 10, 2021 Occupancy rates continue to rise for all seniors housing property types, with assisted living seeing the largest increase, according to the latest intra-quarterly data from the National Investment Center for Seniors Housing & Care (NIC).
CBRE’s outlook: Growth and investment gain momentum as long as pandemic held at bay by Andrea Zander | Dec 10, 2021 CBRE foresees a record year for investment in commercial real estate in 2022 due to added momentum in the economic and real estate recoveries, major fiscal stimulus projects and a rebound of big cities and downtowns.
U.S. prices jumped 6.8% in November, steepest rise since 1982 by Released | Dec 10, 2021 The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.8 percent in November on a seasonally adjusted basis after rising 0.9 percent in October, the U.S. Bureau of Labor Statistics reported.
