AE Industrial Partners to sell BHI Energy by Released | Apr 15, 2022 AE Industrial Partners has signed a definitive agreement to sell its portfolio company BHI Energy to Westinghouse Electric Company.
Meridiam moves forward with light-rail project by Kali Persall | Apr 15, 2022 Meridiam has reached financial close on its 16.2-mile Purple Line light rail transit project in Maryland, one of the first public-private partnership (P3) rail projects in the United States.
Stream Realty, Principal Real Estate to develop 1msf industrial facility by Andrea Zander | Apr 15, 2022 A joint venture between Stream Realty Partners and Principal Real Estate Investors will develop Portside Logistics Center.
Redfin reports home sales fell 4 percent in March as buying costs shot up by Released | Apr 15, 2022 Median sale prices increased from a year earlier in all of the 88 largest metro areas Redfin tracks. The largest price increases were in Tampa, Fla., (29 percent), Phoenix (27 percent) and McAllen, Texas, (27 percent).
Fannie Mae announces publication of national home-price index by Released | Apr 15, 2022 Fannie Mae announced the publication of the Fannie Mae Home Price Index.
JV to build 1msf mixed-use development in Phoenix by Andrea Zander | Apr 15, 2022 Medistar Corporation, GMH Communities and CBRE Investment Management have broken ground on Central Station, a 1 million-square-foot, mixed-use development adjacent to Arizona State University’s Downtown Phoenix campus and Civic Space Park.
Australian telecom group to accept takeover bid from Brookfield and Morrison & Co. by Kali Persall | Apr 14, 2022 Australia’s Uniti Group, a diversified provider of telecommunications services, has agreed to a nearly A$3.6 billion ($2.7 billion) takeover offer from a consortium consisting of Brookfield Asset Management and Morrison & Co., according to Reuters.
Blackstone and Italian family launch €58b bid to take Atlantia private by Kali Persall | Apr 14, 2022 Blackstone and Italy's Benetton family have submitted a €58 billion ($63 million) buyout offer that would take Atlantia, an Italian holding company active in the infrastructure sector, private.
Fengate expands its portfolio of U.S. wireless communications towers by Released | Apr 14, 2022 Fengate Asset Management announced financial close on the acquisition of a significant portfolio of high-quality wireless communications towers, located in nine states across the United States, from Florida-based TowerCom.
QuadReal and Store Space forms $1b self-storage investment partnership by Andrea Zander | Apr 14, 2022 QuadReal Property Group and Store Space Self Storage have formed a joint venture to build a $1 billion portfolio of self-storage assets.
Hudson Pacific launches new impact investing platform by Released | Apr 14, 2022 Hudson Pacific Properties has launched EquiBlue.
JPMorgan Chase unveils HQ NYC building plans by Released | Apr 14, 2022 JPMorgan Chase has unveiled the design for its new state-of-the-art global headquarters at 270 Park Avenue, reinforcing its commitment to New York City.
Walton Street closes two real estate funds by Andrea Zander | Apr 14, 2022 Walton Street has held final closings for its Walton Street Real Estate IX and Walton Street Mexico Fund III, raising $1.2 billion and $510 million, respectively, IREI has learned.
Investors to pour more capital into recession-resistant healthcare sector in 2022 by Released | Apr 14, 2022 Investors are planning to allocate more capital to healthcare real estate in 2022, highlighting rising confidence in these resilient asset classes.
Google plans to invest $9.5b in 2022 by Andrea Zander | Apr 14, 2022 Google has plans to invest $9.5 billion toward offices and data centers across the United States in 2022.