U.S. economy adds 428,000 jobs in April by Loretta Clodfelter | May 6, 2022 The United States added 428,000 jobs in April, according to the Bureau of Labor Statistics, and the unemployment rate remains unchanged at 3.6 percent.
The Harkham Family acquires class-A office property in California’s affluent Westlake Village by Kali Persall | May 6, 2022 The Harkham Family, a Beverly Hills hotelier, has acquired a 132,037-square-foot class-A creative office property in Westlake Village, Calif., for $35.1 million.
Nuveen, Taconic, North American Properties acquire mixed-use lifestyle center in New York by Kali Persall | May 6, 2022 Nuveen Real Estate, Taconic Partners and North American Properties have acquired Ridge Hill, a 1.2 million-square-foot, mixed-use lifestyle center in Yonkers, N.Y., for $220 million.
Oil Production facility to be delivered in the Gulf of Mexico by Kali Persall | May 6, 2022 LLOG Exploration Co., a privately owned exploration and production company focused on the deepwater Gulf of Mexico (GOM), is planning to deliver a new production facility in the region.
CDPQ becomes latest backer of fiber telecom company Everstream by Kali Persall | May 6, 2022 Caisse de dépôt et placement du Québec (CDPQ) has joined a group of banks and institutional investors (including owner AMP Capital) to invest in Everstream Solutions.
Lack of liquidity, regulation among barriers to renewable-energy investment by Kali Persall | May 6, 2022 The majority of U.K. investors view liquidity constraints and insufficient regulation as key barriers to investment in renewable energy.
Ashcroft Value-Add Fund II raises $22m by Larry Gray | May 6, 2022 Ashcroft Capital has raised approximately $22 million for its latest fund, Ashcroft Value-Add Fund II (AVAF 2), according to a recent Form D filing.
Miami hotel sells for $232m by Andrea Zander | May 5, 2022 Sunstone Hotel Investors has entered into a definitive agreement with an affiliate of Hyatt Hotels Corp. to acquire the 339-room The Confidante Miami Beach.
Machine Investment Group closes inaugural fund with $312m by Kali Persall | May 5, 2022 Machine Investment Group has closed its inaugural fund vehicle.
Butters and BentallGreenOak to develop 2.2msf business park in Florida by Released | May 5, 2022 Butters Group and BentallGreenOak have formed a partnership to develop Gulf Landing Logistics Center a 2.2 million-square-foot, class A business park located in Fort Myers, Fla.
StepStone raises for $1.3b for second senior corporate lending fund by Andrea Zander | May 5, 2022 StepStone Group has held a final close for its StepStone Senior Corporate Lending II (SCL II), raising $1.3 billion of commitments, surpassing its target of $1 billion.
MLG Capital launches $400m MLG Private Fund VI by Andrea Zander | May 5, 2022 MLG Capital has opened to investors its MLG Private Fund VI.
Rangeland Energy secures $300m commitment from EnCap Flatrock Midstream by Andrea Zander | May 5, 2022 Rangeland Energy has secured a $300 million growth equity commitment from EnCap Flatrock Midstream to support the formation of a new entity, Rangeland Energy IV.
Listed infrastructure companies announce energy transition projects by Drew Campbell | May 5, 2022 Listed infrastructure companies have announced several notable transactions during the past two weeks.
North Sky Capital invests $25m into new battery storage, circular economy projects by Kali Persall | May 5, 2022 North Sky Capital has invested $25 million in new battery storage and circular economy projects on behalf of its Sustainable Infrastructure Fund III
