Social media, hyperscale market expansion propel data center demand to record year by Released | Aug 29, 2022 From new streaming binge-watches and staying connected to family and coworkers over video calls to the latest viral social media dance trend, consumers and organizations are using – and demanding – even more power capability and internet connectivity.
Bluerock Residential Growth REIT, Blackstone Real Estate announce anticipated closing date of acquisition and spin-off by Released | Aug 29, 2022 Bluerock Residential Growth REIT and Blackstone Real Estate announced that the completion of the proposed acquisition of the company by Blackstone.
GRT announces $1.1b sale of 41-property office portfolio by Andrea Zander | Aug 29, 2022 Griffin Realty Trust has sold a majority interest in a 41-property office portfolio.Griffin Realty Trust has sold a majority interest in a 41-property office portfolio consisting of 53 buildings and one land parcel valued at $1.132 billion to an institutional buyer and its operating partner.
DOE announces $540m for technologies to transform energy production, cut emissions by Released | Aug 26, 2022 The U.S. Department of Energy (DOE) has announced more than $540 million in awards for university- and National Laboratory-led research into clean energy technologies and low-carbon manufacturing.
Maryland-based casino resort sells for $260m by Andrea Zander | Aug 26, 2022 VICI Properties, together with Century Casinos, has entered into definitive agreements to acquire Rocky Gap Casino Resort, located in Flintstone, Md., from Golden Entertainment, for $260 million.
Jamestown makes 5G infrastructure partnership by Released | Aug 26, 2022 Jamestown has formed a partnership with 5G.
HNWI, Family office with Paladin Realty buy portfolio in Azusa, Calif. by Andrea Zander | Aug 26, 2022 A partnership sponsored by Paladin Realty Partners has acquired a portfolio of three 1960s-vintage apartment properties totaling 116 units.
Cove Capital appoints Corey Nolen VP of wholesale distribution by Released | Aug 26, 2022 Cove Capital Investments has appointed Corey Nolen as vice president, head of wholesale distribution for the Los Angeles-based firm.
Kendall Sustainable Infrastructure III holds second close, exceeds $140m by Andrea Zander | Aug 26, 2022 Kendall Sustainable Infrastructure III, managed by Kendall Sustainable Infrastructure, has held a second close, with commitments exceeding $140 million. Â
Occidental, 1PointFive to break ground on world’s largest direct air capture plant by Kali Persall | Aug 26, 2022 Occidental and its subsidiary 1PointFive have announced plans to break ground on their first large-scale direct air capture (DAC) plant in Ector County, Texas.
Oil & gas industry could have highest-ever cash flows by Released | Aug 25, 2022 Despite economic uncertainty, geopolitical instability and ongoing supply-chain disruptions, the oil and gas industry is financially strong and well positioned to drive change.
Vinci Partners announces new agribusiness strategy in Brazil by Released | Aug 25, 2022 Vinci Partners Investments has closed a R$360 million ($70 million) public offer.
Mall sells for $538m, largest transaction since 2018 by Andrea Zander | Aug 25, 2022 Unibail-Rodamco-Westfield (URW) has completed the $537.5 million sale of Westfield Santa Anita in Arcadia, Calif., to an established commercial real estate investor that owns other retail assets in Southern California.
ADIA, Landmark Properties announce $2b U.S. student housing JV by Andrea Zander | Aug 25, 2022 Landmark Properties has formed a new $2 billion build-to-core student housing joint venture with a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA).
JPI, Madera Residential and WayMaker form $1b JV in Dallas area by Andrea Zander | Aug 25, 2022 JPI has formed a joint venture with Madera Residential and WayMaker on five new developments across the Dallas–Fort Worth metroplex.