Bluerock Total Income+ Real Estate Fund surpasses $6b in net assets by Released | Jun 3, 2022 Bluerock Total Income+ Real Estate Fund (TI+) has surpassed $6 billion in net assets.
CRG expands offering in red-hot industrial market by Kali Persall | Jun 3, 2022 CRG has wrapped up fundraising for its U.S. Logistics Fund II.
May job gains total 390,000 by Loretta Clodfelter | Jun 3, 2022 The U.S. economy gained 390,000 jobs in May, according to the Bureau of Labor Statistics, and the unemployment rate held steady at 3.6 percent.
Google and Engie team up to accelerate wind power by Released | Jun 2, 2022 French multinational utility company ENGIE and Google Cloud have signed a new partnership for the development of an artificial intelligence-based (AI) energy solution to optimize the value of ENGIE’s wind portfolio on the short term power markets.
Smart infrastructure goes mainstream by Drew Campbell | Jun 2, 2022 Early adopters of smart infrastructure — sensors, the Internet of Things, machine learning and cloud integration — have been select cities and urban areas, but the trend is now reaching a global scale that includes all types of communities and is becoming a highly attractive opportunity for private capital as a result.
California-based solar firm plans 1.5-GW solar thermal plant to decarbonize alumina refinery in Saudi Arabia by Released | Jun 2, 2022 Saudi Arabian Mining Company (MA’ADEN), Saudi Arabia-based mining companies, and California-based solar firm GlassPoint, have entered into a Memorandum of Understanding (MOU) to develop a solar process heat plant at MA’ADEN’s Alumina refinery.
CI GAM, HarbourVest deliver private infrastructure investment solution to Canadian market by Kali Persall | Jun 2, 2022 CI Global Asset Management (CI GAM) has teamed up with HarbourVest Partners.
Hoteliers rise from pandemic difficulties and position for growth by Andrea Zander | Jun 2, 2022 National hotel occupancy is up nearly 2,000 basis points from pandemic lows to a trailing 12-month average of 60.6 percent in April, according to Marcus & Millichap.
Post Brothers enters D.C. office market with $228m purchase by Andrea Zander | Jun 2, 2022 Post Brothers enters D.C. office market with $228m purchase
Lendlease Communities investing over $1b across SFR installations by Andrea Zander | Jun 2, 2022 Lendlease Communities has raised more than $7 billion in the private market to fund housing redevelopment across its portfolio.
Private real estate as a hedge against inflation by Andrea Zander | Jun 2, 2022 Inflation has been a top concern for investors over the past several months, according to Clarion Partners in its recent outlook report.
Greenbacker announces investment in commercial solar and storage platform by Released | Jun 2, 2022 Greenbacker Development Opportunities Fund I has made an investment in Sunrock Distributed Generation.
CIM Group invests $355m in Novva Data Centers by Andrea Zander | Jun 1, 2022 Novva Data Centers has announced agreement on additional investment of up to $355 million in capital from CIM Group.
EXCLUSIVE — Fairfield anticipates first closing of new affordable housing fund by Kali Persall | Jun 1, 2022 Fairfield is planning to hold a first closing for its open-ended Fairfield Affordable Housing Preservation Fund this month.
Cresset Partners reports movement with logistics, opportunity zone funds by Kali Persall | Jun 1, 2022 Private investment firm Cresset Partners has closed its first industrial-focused fund, Cresset Real Estate Logistics Fund I, a year after opening to investors.