REITs fall 3.1% in February by Loretta Clodfelter | Mar 7, 2022 U.S. REITs fell for the second consecutive month, declining 3.1 percent in February amid geopolitical tensions and concerns about rising interest rates.
GHI to build world’s largest green hydrogen production and storage hub by Released | Mar 4, 2022 Green Hydrogen International (GHI) has unveiled plans to create the world’s largest green hydrogen production and storage hub in South Texas.
Equinor and bp sign $250m agreement for offshore wind NYC port hub by Released | Mar 4, 2022 Equinor, and its partner bp announced a $200 million - $250 million agreement to turn the South Brooklyn Marine Terminal (SBMT) complex in Brooklyn, N.Y., into a major regional hub for offshore wind.
Cowboy Midstream plans new crude oil offload terminal by Released | Mar 4, 2022 Cowboy Midstream, a full-service midstream provider, has announced the planned opening of their Ross Road Terminal, a crude oil truck offload facility in the Powder River Basin.
Orlando, Las Vegas top multifamily markets by Andrea Zander | Mar 4, 2022 There is a recovery showing in the multifamily sector. Some of the metros in the category feature less robust employment and household-creation trends.
U.S. jobs increase by 678,000 in February by Loretta Clodfelter | Mar 4, 2022 The U.S. economy added 678,000 jobs in February — beating expectations — and the unemployment rate decreased to 3.8 percent, according to the Bureau of Labor Statistics.
EXCLUSIVE — Electra America Hospitality Group closes hospitality fund with more than $500m of commitments by Kali Persall | Mar 4, 2022 Electra America Hospitality Group, a joint venture between Electra America and AKA, has raised more than $500 million in a final close.
5G tech to transform one of the oldest jobs in the world by Andrea Zander | Mar 3, 2022 The rollout of 5G technology is changing agriculture by supporting the automation of repetitive and labor-intensive tasks, potentially beginning a new era in the history of modern farming, according to a Verizon report.
Nashville hotel sells for $328.7m by Released | Mar 3, 2022 Xenia Hotels & Resorts has agreed to acquire the 346-room W Nashville for a purchase price of $328.7 million or $950,000 per room.
Blackstone-backed Aypa purchases 100-MW energy storage project by Released | Mar 3, 2022 Energy Point Energy, an energy storage developer, has announced the sale of the Yadkins Energy Storage project to Aypa Power, a Blackstone portfolio company and developer, owner and operator of energy storage and hybrid generation assets.
Rabina closes on $540m construction financing for 520 Fifth Avenue by Released | Mar 3, 2022 Rabina announced the closing of a $540 million construction financing package for 520 Fifth Ave.
Cedar Realty Trust sells grocery store portfolio for $840m by Andrea Zander | Mar 3, 2022 Cedar Realty Trust has agreed to sell a portfolio of 33 grocery-anchored shopping centers to a joint venture between a fund managed by DRA Advisors and KPR Centers for $840 million.
J.P. Morgan JV completes $700m life sciences project in Harlem by Andrea Zander | Mar 3, 2022 Locally based developer Janus Property Co., in partnership with J.P. Morgan Asset Management, has completed the Taystee Lab Building, a $700 million life sciences project in West Harlem's Manhattanville Factory District, N.Y.
BlackRock sells interest in 150-MW operating solar portfolio in Minnesota by Released | Mar 3, 2022 Greenbacker Renewable Energy Co. (GREC) has purchased a 49 percent financial interest in the 150-megawatt operating Aurora solar portfolio from BlackRock Global Renewable Power Fund II.
Continental Resources enters carbon capture space with $250m investment by Released | Mar 2, 2022 Summit Carbon Solutions has formed a strategic investment from Continental Resources to create a carbon capture and sequestration project.
